It was one of the worst floats. Very unlikely it will go back to the issue price anytime soon. But with a steady hand, it could still do very well from these price levels. It's just currently trading at 50% of annual sales now. If the current CEO can proove he has steadied the ship and the business can make a profit with the new market upswing, it should at least come back to 1 times sales.
It was one of the worst floats. Very unlikely it will go back to...
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Last
60.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $95.50M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 60.0¢ | $51.89K | 86.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3548200 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 1387969 | 4 |
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| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
| MEA (ASX) Chart |