Great point about management conducting DD for a significant period of time prior to the sector becoming hot. I have no doubt that the vend will be quality and if it is already producing significant revenue that will lead to a genuine fundamental rerate. What I think is special about this play is that while quality vends generate a rerate by the market on fundamentals, a quality vend timed correctly in a hot market can lead to significant share price appreciation. Which if sustained can form the basis for additional growth in the business.
Great point about management conducting DD for a significant...
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $13.93M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.5¢ | $5.912K | 33.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 146805 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 16220 | 1 |
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| Last trade - 14.35pm 05/07/2024 (20 minute delay) ? |
| FL1 (ASX) Chart |