There is a real risk of what lies ahead in terms of the macro/micro and geopolitical factors, the pandemic still hovering around, inflation concerns and the pointy end of heavy stim yet to come, even if it is transitory (which I think it is, and have shared my reasons months back with GF).
This stock remains heavily on the nose with large instos and funds, and with Larry’s $100m loan out until June 2022, anything can happen.
what happens if the market has another 2-3 months sell off?
Follow the metrics all you want, as I’ve done, but all you will see is the valuation gap widening. The last 4 quarters have been enormous, yet SP continues backwards
With exclusive deals diminishing (as not in interest if vendors), competition increasing, and with our debt/loss widening, the concerns cannot be ignored.
As long zip remains out of favour with instos and funds, and as long as Larry has his $100m shares out on loan, the Share price will continue to flap about and valuation gap will continue to be material
I ask myself what comes first - another cap raising, a cheap take over, inflation scare and another global market sell off, Larry’s loaned shares being returned etc
or dual list, cross list, joint venture, onboard investor/fund interest etc?
purely waiting in hope for a report after report to see value in your share price / investment is a flawed investment at best IMO. Have a plan
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Last
$2.23 |
Change
0.070(3.24%) |
Mkt cap ! $2.894B |
Open | High | Low | Value | Volume |
$2.14 | $2.26 | $2.12 | $39.40M | 17.83M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55449 | $2.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.24 | 136951 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 55819 | 2.220 |
2 | 2200 | 2.210 |
8 | 51960 | 2.200 |
2 | 9270 | 2.180 |
1 | 20000 | 2.170 |
Price($) | Vol. | No. |
---|---|---|
2.240 | 9144 | 2 |
2.250 | 181532 | 7 |
2.260 | 124776 | 13 |
2.270 | 170933 | 12 |
2.280 | 298267 | 12 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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