FY24 Results Estimate from Goldman Sachs = NEGATIVE NET INCOME of $18.3M
Furthermore, if you strip out intangibles from their Balance Sheet, you end up with NEGATIVE $300M+ of Net Assets (Equity).
Would you pay $2.5Billion at its current market capitalisation for this??? When will dividends be paid? Not for another 5+years and even then that will be miniscule. Add to that when they break up their monopoly, they will end up with even less valuation.
The writing is on the wall. This company is toast and will be shorted the hell out of back to fair value. Short term targets are back to below $12 or 13%+ downside within the month.
- Forums
- ASX - By Stock
- Ann: PEXA Group Response to ARNECC Ministerial Forum
FY24 Results Estimate from Goldman Sachs = NEGATIVE NET INCOME...
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PXA (ASX) to my watchlist
(20min delay)
|
|||||
Last
$13.88 |
Change
-0.100(0.72%) |
Mkt cap ! $2.462B |
Open | High | Low | Value | Volume |
$13.96 | $13.97 | $13.81 | $2.425M | 174.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 965 | $13.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.89 | 800 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 290 | 13.800 |
1 | 500 | 13.670 |
1 | 300 | 13.500 |
1 | 175 | 13.450 |
1 | 720 | 13.430 |
Price($) | Vol. | No. |
---|---|---|
13.890 | 300 | 1 |
14.000 | 30 | 1 |
14.200 | 6864 | 2 |
14.250 | 90 | 1 |
14.330 | 320 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
PXA (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online