I've watched plenty of stocks discounted by the mkt...look at the monthly charts of WHC, CRN or GXY just for example.
Nobody wants to buy, and value can be presented. Sometimes the market is wrong.
CRN raised money at 45c one year ago, and the fundies had no interest.
This market is valuing this company's IP at $30mln!!!.....let's see if the market is right in 12-18months.
I've watched plenty of stocks discounted by the mkt...look at...
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 (20min delay)
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Last
62.5¢ |
Change
0.050(8.70%) |
Mkt cap ! $65.94M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 63.0¢ | 57.5¢ | $117.5K | 196.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 2484 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |