I have exited MMM. Doesn't meet my IRR hurdles.
RBL is undervalued. The market treats it like a retailer when it should be priced as a marketplace. It has an incredible moat. There was to much focus on margins in last quarters earnings. The new CEO also sandbagged on guidance then bought 2mil of stock after earnings. RBL is pretty good risk reward at the moment in my opinion. Assymetric with limited downside.
I have exited MMM. Doesn't meet my IRR hurdles.RBL is...
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Last
$1.49 |
Change
0.020(1.37%) |
Mkt cap ! $566.1M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.53 | $1.46 | $2.406M | 1.610M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2890 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 17231 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTT (ASX) Chart |