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M7T

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0.71%

69.5¢ mach7 technologies limited

I think the consensus from brokers is that it is trading at fair...

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Saulam1

83 Posts.

2

01/02/21

12:33

Post #: 50604631
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Originally posted by Ivanovich: ↑

I can't comprehend why anyone would sell M7T at the moment yet clearly many holders do every week day. Why do they sell ? Are they traders ? Are they funds trimming to manage their portfolio size positions governed by their mandate given the share price appreciation over the last twelve months ? I remember my Altium position of 1 million shares at $1 and the sale of them at $8.50 for no reason, no investment thesis behind the sale, sold them simply because I thought it was prudent to take a profit. A huge mistake and a costly one in terms of opportunity cost. I'm going to try and not make the same mistake again. Don't be seduced by the feelgood rush of making a bucket load of money. If it's a great company like M7T and FID the gift will keep on giving. Get busy with your own goals in life and have a 5 year view on your holding when you are in the hands of great management.

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I think the consensus from brokers is that it is trading at fair value at the moment when looking at its current PE, Price to NTA, Price to CF and Price to TR.

However, its current profitability, strong net D/E position and new contracts gives me confidence for stronger valuations in future.

M7T Price at posting: $1.49 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 69.5¢		Change -0.005(0.71%)		Mkt cap ! $167.6M

Open	High	Low	Value	Volume
71.0¢	71.0¢	69.0¢	$62.97K	90.41K

Buyers (Bids)

No.	Vol.	Price($)
2	81542	69.0¢

Sellers (Offers)

Price($)	Vol.	No.
70.0¢	57000	3

View Market Depth

No.	Vol.	Price($)
2	81542	0.690
2	5367	0.680
2	17500	0.670
1	1500	0.665
2	46152	0.660

Price($)	Vol.	No.
0.700	57000	3
0.710	21410	4
0.715	38508	1
0.720	30000	1
0.730	26750	3

Last trade - 15.56pm 13/05/2024 (20 minute delay)


Last 69.5¢			Change -0.005 ( 0.72 %)
Open	High		Low	Volume
71.0¢	71.0¢		69.0¢	369204
Last updated 13.53pm 13/05/2024 ?

M7T (ASX) Chart

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