I don't understand the logic here.
Good result and good forward guidance and the share price drops.
What does this company have to do to get its market capital increasing?
This is the only company in my portfolio that I am making a loss on. Yet the company is profit making, and dividend paying.
Unfortunately, the value of many companies appears to be more influenced by the size of its fan base rather than good fundamentals, which this company falls into the later.
Starting to think whether this is a good investment or not. Especially when you take into account the opportunity cost of having funds invested here.
Ann: Preliminary Final Report, page-3
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Last
$2.15 |
Change
-0.010(0.46%) |
Mkt cap ! $382.9M | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.16 | $2.15 | $10.15K | 4.714K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 7282 | 1 |
View Market Depth
| Last trade - 12.12pm 29/07/2024 (20 minute delay) ? |
| GNP (ASX) Chart |