this is really all determined by your valuation of the company. Sure - tech companies do not make significant profit AT FIRST. This is what happens when you mix the cons of retail with the cons of financing purchases.
If you are a long term investor then the CURRENT stock price / daily movements of the charts should not impact your investing decision. My opinion personally is that this is wildly over valued and that the price will correct - however this has no bearing on the long term outlook of the company.
correction?, page-5
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Last
$2.66 |
Change
-0.090(3.27%) |
Mkt cap ! $3.472B | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.75 | $2.65 | $31.65M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 253841 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 18396 | 3 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |