Random, the market values future prospects. I was of the same opinion as you, but have done away with basic valuation models. Look at BAL. I though it was overvalued at IPO stage for god sake. If I put my $150k on BAL then, instead on others, I be looking at $2m now!
Ann: Ceasing to be a substantial holder, page-12
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Last
$5.53 |
Change
-0.030(0.54%) |
Mkt cap ! $4.003B | |||
| Open | High | Low | Value | Volume |
| $5.47 | $5.56 | $5.45 | $5.085M | 920.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10090 | $5.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.54 | 1000 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |