This is on a downward spiral and yes with no material revenue and no prospects short term it is overvalued.
Question is how much overvalued??
I reckon 20c is probably realistic.
Competitive landscape, page-3317
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Last
24.5¢ |
Change
-0.030(10.9%) |
Mkt cap ! $480.8M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.0¢ | 24.0¢ | $4.928M | 19.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 1304197 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 839958 | 18 |
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| BRN (ASX) Chart |