Not seeing many pitchforks, but does anyone really reckon a $215m market cap (50c SP) is appropriate for a complete water-solutions company with $120m revenue this year, which has been growing at 30-40% per year, now has market-leading disruptive technology (and Chinese SOE partners), targeting the fastest growing segment of a $700bn industry, and has a globally politically-connected billionaire businessman cornerstone investor who stumped up hard cash one week ago in a deal which - with all the leverage being a billionaire brings - valued the company at $365m (85c SP) on the advice of the former CTO and acquisition guru of GE Water?
Anyone?
Calm down.
Chart, page-56
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $177.5M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 16.5¢ | $4.343K | 26.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 244189 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 670034 | 6 |
View Market Depth
| Last trade - 15.45pm 03/05/2024 (20 minute delay) ? |
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16.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 16.5¢ | 16.5¢ | 16.5¢ | 28969 | ||
| Last updated 12.41pm 03/05/2024 ? | |||||
| FLC (ASX) Chart |