I am not downgrading the stock , i am a holder too , but it could go lower and it probably will . It is trading at very high PE . It's grows does not reflect the present price , it was IPO'd at a very high multiples and now it will come down to earth. Could give you a few examples , IPH . SRF lost half of it's value , you may say it is from a different "opera " , i will not argue . The first half result simply does not support the high rate of future growth , it may change in six month , who knows .
I am not downgrading the stock , i am a holder too , but it...
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Last
9.8¢ |
Change
-0.007(6.67%) |
Mkt cap ! $56.43M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.8¢ | $27.87K | 278.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42865 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 23852 | 1 |
View Market Depth
| Last trade - 15.55pm 01/11/2024 (20 minute delay) ? |
| VIT (ASX) Chart |