Australia's largest stock trading and investment forum Australia's #1 stock forum

MMM

Click for more information

2.86%

3.4¢ marley spoon se

Glad to say that I reentered on Wednesday at a $2.47...

First 25 Last

Share
Profile

Follow
Xxx12

38 Posts.

10

30/04/21

08:11

Post #: 52830625
Share

Originally posted by Xxx12: ↑

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

Expand

Glad to say that I reentered on Wednesday at a $2.47 average!

Lets see how this quarterly plays out.

Good luck all.

MMM Price at posting: $2.52 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 2 more messages in this thread...

First 25 Last

Add MMM (ASX) to my watchlist

(20min delay)
Last 3.4¢		Change -0.001(2.86%)		Mkt cap ! $4.003M

Open	High	Low	Value	Volume
3.4¢	3.4¢	3.4¢	$347	10.21K

Buyers (Bids)

No.	Vol.	Price($)
1	24704	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	19643	2

View Market Depth

No.	Vol.	Price($)
1	24704	0.034
2	247944	0.033
1	80100	0.031
1	16750	0.030
2	515000	0.029

Price($)	Vol.	No.
0.037	19643	2
0.038	28388	2
0.039	100000	1
0.043	40000	1
0.044	127483	1

Last trade - 10.04am 13/05/2024 (20 minute delay)

MMM (ASX) Chart

SPONSORED BY