Trading Equity is a game between bears and bulls..when bears are in -charge then they take the SP pendulum to South and when bulls have a steering wheel they take it to North Pole. Generally SP belongs in the middle for sustainability.
Currently 8 analysts consensus is; High SP=$4.40, low SP=2.80, Average = $3.51
IMO, pendulum is in south at the moment and shorter are filling their pockets from holders fears and stopp loss arrangement. I will be illusionist to guess SP will stay at $2.31 giving 12.5% earning in 2.5% fixed yield environment. I do believe, company is stable with reasonable growth prospects.
Trading Equity is a game between bears and bulls..when bears are...
Add GEM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.21 |
Change
0.005(0.42%) |
Mkt cap ! $975.4M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.20 | $3.764M | 3.113M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15014 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 40014 | 2 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.20 |
Change
0.005 ( 0.28 %) |
||||
| Open | High | Low | Volume | ||
| $1.20 | $1.21 | $1.20 | 208095 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| GEM (ASX) Chart |