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Ann: NWR Virtual Investor Conference Presentation, page-9

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Rupert77

65 Posts.

10/05/22

18:02

Post #: 61323156
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Originally posted by nocelery: ↑

Welcome to the world of small/mid caps.

If you have conviction, you hold. I think there is a whole cohort of investors that have speculateively waded into small and mid caps when everything was booming ... now they are pulling out and the price is reflective of recent sales, not necessarily the bulk of the investors on the share register.
Remember, this hit sub 80c when the pandemic took hold in 2020... it then went to $3.70+ in Aug 2021. Now we are back down to 2.15.
I think fair value is $3.50+ because they are growing, are cost disciplined and are well funded.

I think it comes down to whether you think there will be a recession in the next 18 months. If yes, then this price will languish. If no, then it will bounce. MNY does not have cashflows in the never never ... it is making cash now and has a sub 10 PE ... in time the cash will do the talking ... unless the economy tanks.

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Yeah I am definitely one of those that waded into this stock. But could see it had such good fundamentals.

But thanks for the reply. Everything you've said makes sense. Definitely not selling.

MNY Price at posting: $2.23 Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last $1.02		Change 0.035(3.57%)		Mkt cap ! $214.3M

Open	High	Low	Value	Volume
98.5¢	$1.04	98.5¢	$315.1K	310.0K

Buyers (Bids)

No.	Vol.	Price($)
2	6909	$1.02

Sellers (Offers)

Price($)	Vol.	No.
$1.02	4884	1

View Market Depth

No.	Vol.	Price($)
2	6909	1.015
1	6537	1.005
1	45000	1.000
2	10000	0.985
4	19741	0.980

Price($)	Vol.	No.
1.020	4884	1
1.030	7500	2
1.035	5000	1
1.040	68334	3
1.050	28440	3

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last $1.02			Change 0.035 ( 1.61 %)
Open	High		Low	Volume
$1.00	$1.04		$1.00	34480
Last updated 15.59pm 07/06/2024 ?

SVR (ASX) Chart