this is 'true' but you can buy a stock you cannot buy the 'conviction'
the question is simply do you think AD8 earnings will grow?
tome the answer is yes
than the next question is for how long?
for me based on the high demand and growing monopoly in the sector greater then 5 years we will see 'earnings' apperication
thus the P.E will come down or the SP will rise - it is that simple
could you make more money trading this - maybe if you're really good a TA you might be able to swing trade this but that isnt my style
AD8 TA, page-123
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Last
$15.83 |
Change
0.160(1.02%) |
Mkt cap ! $1.315B | |||
| Open | High | Low | Value | Volume |
| $15.76 | $16.13 | $15.74 | $4.614M | 290.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 305 | $15.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.86 | 405 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AD8 (ASX) Chart |