The parameter in dispute is sustainable earnings when you have a melting iceberg of FUM.
Maybe the present price of $1.2 is reasonable, what the market says to day is a certain thing - they're saying that earnings and FUM will decline.
If you want to trade it for a bounce to $1.7 and the next announcement is a $1bn divestment then you are a bit stuffed because it could go to 80c for all I know.
I'm not anyone's fiduciary, the volatility is so extreme with this stock and it's combined with serious business risk that most light-weight "investors" or "traders" should take Bell Potter's advice and sell - I don't care really if I am wrong and it goes to $0 then I take my licks and move on it's mostly pride to me a few hundred k isn't a big deal.
And it's good for me to take a few losses now and them so that I don't get too arrogant.
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The parameter in dispute is sustainable earnings when you have a...
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Last
$1.13 |
Change
-0.015(1.31%) |
Mkt cap ! $657.8M |
Open | High | Low | Value | Volume |
$1.15 | $1.16 | $1.10 | $2.443M | 2.158M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19008 | $1.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.14 | 20008 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3750 | 1.105 |
4 | 41004 | 1.100 |
2 | 6388 | 1.095 |
3 | 10202 | 1.090 |
2 | 50770 | 1.085 |
Price($) | Vol. | No. |
---|---|---|
1.150 | 23935 | 1 |
1.155 | 120 | 1 |
1.160 | 144421 | 5 |
1.165 | 106550 | 4 |
1.170 | 118006 | 3 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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PTM (ASX) Chart |