I like this stock and have made a fair bit of paper profits but it truly does behave like a dog at times. I have no idea why but for some reason it goes up a lot only to come shooting back to earth with a vengeance.
Over the past 3 months this has dropped 29.4% vs all share of 4%.
I would expect a bit more volatility especially as tech hasn't done well but this seems excessive. The continuing drop in SDR share price would have meant a drop of 11.51cents in NTA to take it to today's price. Strakar only occupies a 10c NTA component so should not impact by more than a few cents if any.
So the $1.87 NTA at end of December should be roughly $1.74 today and it is trading @ $1.22.
I just think the company should have an active cashflow management program to effect a buyback at some level. At todays pricing there is roughly a 30% discount to NTA. I really don't want that in my investments. I think that if that happens the company should get permission to do a 20% buyback each year and every so often do a rights issue at a higher price to top up the kitty.
I don't know what the issue is but a 30% discount to NTA is very disconcerting.
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bailador technology investments limited
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$1.04

I like this stock and have made a fair bit of paper profits but...
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Last
$1.04 |
Change
-0.010(0.96%) |
Mkt cap ! $155.2M |
Open | High | Low | Value | Volume |
$1.05 | $1.06 | $1.04 | $50.09K | 47.97K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 41504 | $1.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.05 | 21027 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 41504 | 1.035 |
7 | 45428 | 1.030 |
3 | 12475 | 1.025 |
4 | 29400 | 1.020 |
3 | 45952 | 1.015 |
Price($) | Vol. | No. |
---|---|---|
1.050 | 19027 | 2 |
1.055 | 944 | 2 |
1.060 | 7375 | 2 |
1.065 | 8000 | 1 |
1.070 | 21485 | 4 |
Last trade - 10.54am 16/06/2025 (20 minute delay) ? |
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