The share price of MNY has always been very volatile and its good to see the company acting on the stock selling down by ~1/3 over the course of the year. I think the company is on a forward PER of about 8 times or less (FY23 NPAT ~60m+). Trailing PER of 9 times is also very cheap. As soon as investors get the jitters about the outlook MNY gets dumped, but history suggests it is an excellent time to take the other side and ride it out. The company is still conservatively financed, has already taken some additional provisioning for the outlook and can easily tighten its criteria if need be.
The share price of MNY has always been very volatile and its...
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Last
95.5¢ |
Change
-0.010(1.04%) |
Mkt cap ! $201.7M | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | 97.0¢ | 95.0¢ | $258.4K | 270.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14342 | 95.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.5¢ | 43457 | 3 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
95.0¢ |
Change
-0.010 ( 2.45 %) |
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| Open | High | Low | Volume | ||
| 96.0¢ | 96.0¢ | 95.0¢ | 23522 | ||
| Last updated 15.55pm 30/05/2024 ? | |||||
| SVR (ASX) Chart |