Only? Don't forget this a commodity manufacturer that just guided for negative growth with poor management, massive debt and is facing legal issues.
This rerate is more than justified, you might get a bounce but here but it's difficult to argue the company is cheap based on the news released this week.
Edit: I would say a PE of no more than 14 is warranted.
Only? Don't forget this a commodity manufacturer that just...
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Last
39.5¢ |
Change
0.010(2.60%) |
Mkt cap ! $86.33M | |||
| Open | High | Low | Value | Volume |
| 38.8¢ | 39.5¢ | 38.3¢ | $3.662K | 9.384K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12838 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 28275 | 2 |
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| Last trade - 13.03pm 13/09/2024 (20 minute delay) ? |
| SM1 (ASX) Chart |