Not quite, just outside.
Yes, it is my modus operandi to identify what, I believe are companies with great potential that have been undervalued / over sold by the market.
ART listed @ 65 cents and was 5 x oversubscribed. It soared to $1-95 a few days after listing and then the concern over interest rates and economic growth set in and, as they say, the rest is history.
I think ART has great potential and will become a " market darling " again when it establishes it's growth profile in UK and USA.
I am expecting some positive commentary in nest months update.
ASX: ART ( Airtasker ): Significantly below fair value || $0.27 (current price) versus $0.64 (fair value), page-20
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Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $110.8M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 24.0¢ | $40.36K | 166.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 192381 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 34210 | 4 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| ART (ASX) Chart |