I suspect the bottom could be around 75c for psychological reasons mainly. The PE ratio was about 9.2x before the crap raise. The mid point of guidance is about 8.2 cps. So multiply these and you get 75.5. Obviously the balance sheet is significantly derisked now, so really the SP should not fall that low based purely on stat fundamentals. But the overhang of stock, and the downtrend will put a very negative light on everything.
So I have an alert a bit above 75c - might start watching for a possible long around there.
Good luck to holders
I suspect the bottom could be around 75c for psychological...
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Last
61.5¢ |
Change
-0.020(3.15%) |
Mkt cap ! $1.062B | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 64.0¢ | 61.0¢ | $4.251M | 6.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 493668 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 81300 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| MYR (ASX) Chart |