Some people are able to see beyond the share price action and realise that it isn’t always an accurate representation of what is occurring in the background of the company/core business.
This obviously goes both ways, 75c was very frothy and probably had fair value of something around 40-50c at the time.
I like the buying at these levels, but the macro environment continues to deteriorate. So long as the position of the business doesn’t change, I will certainly be hoping for a further discount.
Food for thought.
- Forums
- ASX - By Stock
- Ann: Incannex Launches Psychedelic Clinics Business
Some people are able to see beyond the share price action and...
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IHL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online