Never understood the valuation and hype.
$770m market cap on $130m shareholders equity, barely makes an operating profit and always cashflow negative with $200m in accumulated losses. Analysts always have this stock cashflow negative over their forecast period.
Now management turmoil and market conditions have changed. Market is now saying.... I'll give you the rating when you show me the money!
My bet is the stock goes a lot lower... the King's got no clothes.
IMO
Ann: Executive Management Update, page-31
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Last
$8.32 |
Change
-0.070(0.83%) |
Mkt cap ! $1.332B | |||
| Open | High | Low | Value | Volume |
| $8.37 | $8.45 | $8.21 | $6.731M | 807.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2771 | $8.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.35 | 3400 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |