It's still a grossly overvalued, overbought dog that offers little to no residual value at these prices
Buying at $25 on a PE of 30 perhaps, but after a 100% run in the SP and sitting on a PE of 60-70 after all the growth they are touting is madness. You're buying needing them to continue meeting or exceeding their "engineered numbers" and relying on the instos to continue to keep the stock propped up - no thanks
If you actually dig into the numbers, rather than reading their flashy headlines, it is still a huge sell
Ann: Market Presentation - German JV and Acquisition of Joey's, page-3
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Last
$30.50 |
Change
0.890(3.01%) |
Mkt cap ! $2.820B | |||
| Open | High | Low | Value | Volume |
| $29.50 | $30.85 | $29.15 | $19.42M | 639.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 163 | $30.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.50 | 1176 | 1 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| DMP (ASX) Chart |