I don't know what people are expecting.
How can the market not be happy with the company planning and executing for growth.
If A FinTech stock show revenue growth but no profit it's share price lifts 30-40%.
But here we have a profit making company with plenty of growth projects in the pipeline and clear direction of getting funding for growth projects, yet it's trading below the $1.10 benchmark from the previous placement.
Even the director if seeing value with the recent market buy. Clearly an anomaly.
DYOR, not investment advice
At a market cap of $2.66B, page-3
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Last
84.5¢ |
Change
0.010(1.20%) |
Mkt cap ! $3.621B | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.8¢ | 84.0¢ | $2.137M | 2.519M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38797 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 2049 | 2 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| NIC (ASX) Chart |