If anyone is in any doubt about what this stock is capable of just look at it bouncing to $2.70 on 24 November on news of vaccine. It does'nt matter how messy the company presentation is ... does'nt matter if they've got streamers coming out of their ears.. only one thing matters; the word 'profit' based on rising housing market.. the company presentation is about the recent past, the worst time for trying to make a profit during covid lockdown.. the herd is running now 'cos it's unfamiliar with the UK housing market and the fact that this stock sells a product the market wants. looking at lack of profitability in last quarter is not relevant.
Note it has little debt despite the covid shambles in Britain now.. I just buy the dip.. it will look cheap in a few weeks when vaccine rolled out and lockdown lifted..
Ann: Announcement of 2020 Full Year Financial Results, page-8
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Last
$4.14 |
Change
-0.040(0.96%) |
Mkt cap ! $2.076B | |||
| Open | High | Low | Value | Volume |
| $4.15 | $4.17 | $4.14 | $9.015M | 2.168M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2275 | $4.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 47517 | 5 |
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| Last trade - 15.59pm 07/08/2024 (20 minute delay) ? |
| VUK (ASX) Chart |