I think the ASX is fine to be honest, it takes longer but it does eventually seem to price stocks correctly. A big reason for why I like the ASX and other smaller markets over the US market is for that very reason, you can get some absolute bargains which are being incorrectly priced, but they eventually rerate to a more appropriate level. Just look at stocks like PME, CSL etc. Once the stock eventually moves into the spotlight history shows that all this news will be quickly priced in, there's no upper limit for ASX stocks, it is just a matter of when it will move into the spotlight. I feel with the recent news (both results and now the reimbursement news), it is far too compelling of an opportunity to be ignored for longer and we will slowly see it breakout above 30c over the coming weeks, which will ultimately result in EYE moving into that spotlight.
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $43.52M |
Open | High | Low | Value | Volume |
18.5¢ | 19.5¢ | 18.5¢ | $41.73K | 219.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 64491 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 34254 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 64491 | 0.190 |
3 | 225980 | 0.185 |
3 | 171691 | 0.180 |
6 | 164937 | 0.175 |
3 | 8900 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 34254 | 1 |
0.200 | 152636 | 2 |
0.205 | 15050 | 1 |
0.210 | 223212 | 2 |
0.215 | 304291 | 5 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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