I’m all for the positive sentiment but from a value perspective I’m still not sure whether it’s undervalued or not. I bought first parcel on 18/2 at $2.20. Because there are no earnings it’s difficult to value and I’d be lying if I said my research was anything other than calculated speculation (certainly I wasn’t acting as an intelligent investor in the Benjamin Graham sense). I was going to buy more today but had to challenge my thinking around why I would be averaging down other than because I was engaging in more speculation. Don’t get me wrong, I think it’s likely there is further upside over time but it’s not guaranteed in my view. I don’t think I could say it’s in deep value territory cos I don’t know how to value it accurately without the earnings. Happy to hear others view on rationale for why it’s undervalued (and not just more cheaply priced).
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I’m all for the positive sentiment but from a value perspective...
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Last
99.5¢ |
Change
-0.005(0.50%) |
Mkt cap ! $521.4M |
Open | High | Low | Value | Volume |
$1.01 | $1.02 | 98.0¢ | $2.141M | 2.148M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5483 | 99.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
99.5¢ | 8998 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5483 | 0.990 |
1 | 5483 | 0.985 |
4 | 19017 | 0.980 |
1 | 5483 | 0.975 |
2 | 6514 | 0.970 |
Price($) | Vol. | No. |
---|---|---|
0.995 | 8998 | 1 |
1.000 | 18707 | 3 |
1.010 | 5483 | 1 |
1.015 | 32983 | 3 |
1.020 | 9756 | 5 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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