I think there is only 1 moron on this thread and it’s yourself. 90%+ of the stock is held by the founder and instos, every sell down has gone to institutional investors.
The party will end when the instos distribute to retail. That hasn’t happened as they keep accumulating. Look at the broker data and register to see for yourself.
whilst losers like yourself down ramp this stock, guys like me are up 8 bags.
The stock is nowhere near overvalued, it’s a high growth company, profitable and no need to raise capital. It’s trading at under 60x PE, over valued would be 1000x PE. I’m suprised it’s not trading at atleast 300x PE.
Ann: Sale of Shares - Statement, page-5
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Last
$1.85 |
Change
-0.075(3.91%) |
Mkt cap ! $703.3M | |||
| Open | High | Low | Value | Volume |
| $1.92 | $1.92 | $1.79 | $7.809M | 4.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19789 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 506 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CTT (ASX) Chart |