Well said.
Given that the market simply refuses to recognise the blatant under-valuation of the stock following the rip-snorter price they got for the Morrisons stake, it was inevitable that some extraneous event or some third-party would at some point come along to precipitate closure of the valuation gap.
But I would have preferred it if that third-party had a more investment credibility than one who had converted 100c/share of NTA to 71c/share over the past decade - a period during which the overall market has risen by 50%.
Not exactly a well-conditioned horse to back in the race.
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Well said. Given that the market simply refuses to recognise the...
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Last
39.5¢ |
Change
0.005(1.28%) |
Mkt cap ! $48.48M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.5¢ | 39.0¢ | $97.28K | 246.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4209 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 15000 | 1 |
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| Last trade - 10.17am 13/09/2024 (20 minute delay) ? |
| SEQ (ASX) Chart |