SP is not very well supported at the moment unfortunately - Hello Fresh has also suffered since early Feb.
Recently hopped out at $3.15 to realise some good profits, but the price is looking more and more attractive as the days go by. Might jump back on at a price point somewhere in the low $2's (not saying that it will go that low, but anything is possible at the moment). Wilsons Research updated their 12 month price target to $3.48 on the 3rd of March - overweight recommendation. DYOR though.
To directly answer your question though, all companies with high multiples have been suffering with a shift from equities to bonds, which have a decent yield at the moment.
Hope this helps,
xxx12
- Forums
- ASX - By Stock
- MMM
- Ann: Updated 2020 Full Year Results Investor Presentation
Ann: Updated 2020 Full Year Results Investor Presentation, page-12
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MMM (ASX) to my watchlist
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.943M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7079 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 15559 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7079 | 0.025 |
2 | 12190 | 0.024 |
1 | 2380 | 0.021 |
2 | 25100 | 0.020 |
1 | 13889 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 15559 | 1 |
0.032 | 22000 | 1 |
0.035 | 140000 | 3 |
0.040 | 25600 | 2 |
0.041 | 28500 | 1 |
Last trade - 07.00am 10/07/2024 (20 minute delay) ? |
Featured News
MMM (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online