Thanks for that link, mate.
There is no doubt that APX is under-valued at these levels, using just about every metric.
But when sentiment for APX is this negative, the SP can only move in one direction; and that direction is NOT NORTH.
I believe an entry price at these levels has an extremely low risk/reward ratio.
The noise will continue ....... but lurking below is inherent value.
Non-holders need pick a price entry point ....... and for me, that has not yet been reached.
Happy investing to all.
Thanks for that link, mate.There is no doubt that APX is...
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Last
50.5¢ |
Change
0.040(8.60%) |
Mkt cap ! $112.6M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 52.0¢ | 46.5¢ | $1.718M | 3.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 112734 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 4880 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |