"How about (IMO) it's way undervalued.?"
Sure, there I agree with you, but a great many stocks trade for periods at levels that do not reflect fundamental valuation. But that doesn't mean there is manipulation involved, which is what you are claiming.
"Wow man , you were arguing with me when i was saying the stock was a buy at $2.20 and below."
Bit of a red herring comment.
I was not disputing valuation (indeed, my shares were purchased at prices below $2.20); I was pointing out the financial risks in terms of the significant lease obligations. And I have indeed done so ins subsequent posts.
But let me ask you one more time, seeing that you believe the share price is wrong:
1. Where should it be trading?
2. Where would it trade if there was no live offer for the company at $2.70?
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Ann: Intention to Make Takeover Bid, page-174
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Last
$6.67 |
Change
-0.010(0.15%) |
Mkt cap ! $249.2M |
Open | High | Low | Value | Volume |
$6.68 | $6.68 | $6.66 | $588.7K | 88.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 10350 | $6.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.68 | 223255 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 10350 | 6.670 |
11 | 25910 | 6.660 |
6 | 15125 | 6.650 |
7 | 21134 | 6.640 |
2 | 175 | 6.630 |
Price($) | Vol. | No. |
---|---|---|
6.680 | 223255 | 13 |
6.690 | 13026 | 7 |
6.700 | 189344 | 7 |
6.720 | 2976 | 1 |
6.740 | 3000 | 1 |
Last trade - 12.03pm 26/06/2025 (20 minute delay) ? |
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