On 26 May, 5 weeks ago, when the share price was 23c I posted: "IMO, the market is mis-pricing ACF, probably based on past performances. Yet it appears FY21 P/E could well be in the 4 region."
Well, the market's pricing of ACF seems to be improving as the share price is up around 35-40% in that time. This bodes well for a good report in August IMO. Of course the forward P/E has gone up too, to around 6 or so. Hardly reason to take profits.
On 26 May, 5 weeks ago, when the share price was 23c I posted:...
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Last
$1.14 |
Change
-0.010(0.87%) |
Mkt cap ! $342.0M | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.12 | $914.8K | 799.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 774 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 32384 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| ACF (ASX) Chart |