How do you value the stock at $15 @Htk ? I'm not saying its incorrect, but that's higher than its ever traded before and 3 times what it traded for last month. Its as easy to throw a number out there with no basis there criticise Djingo who has at very least provided some facts and figures to back up his hypothesis.
I'm very cautious at the moment, having seen how SHV trades and whilst I agree - the shorts were in control for a long time. If you draw a straight line (crude I know) for the last three years, you hit around $8, maybe that's a fair value? I don't know. Like my prior post though, the only certainty in the next couple of months will be massive volatility in my opinion.
Almond Market Update, page-40
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 (20min delay)
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Last
$3.60 |
Change
-0.060(1.64%) |
Mkt cap ! $507.3M | |||
| Open | High | Low | Value | Volume |
| $3.66 | $3.66 | $3.56 | $283.3K | 78.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 375 | $3.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.60 | 1247 | 18 |
View Market Depth
| Last trade - 14.57pm 19/11/2024 (20 minute delay) ? |
| SHV (ASX) Chart |