Interested in buying like you said
But the valuation is too rich like you said, though my main issue is not with valuation but negative cashflow. This is a high growth business and is far far far cheaper than the tulip dotcom bubble nxt, the valuation for MP1 is acceptable for me if they weren't burning cash.
Ann: Global Update - Investor Presentation, page-41
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Last
$11.81 |
Change
-0.180(1.50%) |
Mkt cap ! $1.883B | |||
| Open | High | Low | Value | Volume |
| $12.06 | $12.10 | $11.62 | $14.16M | 1.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4839 | $11.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.83 | 2647 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |