I smashed it at 19c this morning. Was happy to double down. Now have an average purchase price of 25c. SP relative to NTA is sub 30%. Low downside risk given the debt facility pushed out to 2026 plus the immediate debt reduction from the capital raised and now has high upside on any takeover or positive news from the company. When a stock’s valuation gets smashed it doesn’t need much to go right to recover 30-40% quickly in my experience.
I smashed it at 19c this morning. Was happy to double down. Now...
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $51.06M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.5¢ | $1.647K | 10.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 94666 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 178000 | 3 |
View Market Depth
| Last trade - 15.42pm 12/09/2024 (20 minute delay) ? |
| AVG (ASX) Chart |