The management did stuff up big time but they did outline plans to achieve higher profitability in future years.
I bought this stock with the belief that Fed can't hike rates more than 3% so Gold, Silver and copper are unlikely to fall below the estimate outlined in the business update plus they MAY continue to rise gradually.
I got lucky by getting out of this stock at $4. So I'm not going to claim to be an expert here but i do like the fact that the management did try to expand this company, which is evident by the EH deal.
Like I said we'll find out whether $2.3 is a bargain in 12 months, which is just time time for 50% discount on CGT.
GLTAHs & Always DYOR
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Last
$3.93 |
Change
-0.030(0.76%) |
Mkt cap ! $7.804B |
Open | High | Low | Value | Volume |
$3.95 | $4.00 | $3.89 | $40.13M | 10.21M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1318 | $3.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.93 | 133694 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 255 | 3.920 |
4 | 22912 | 3.910 |
4 | 20993 | 3.900 |
11 | 146099 | 3.890 |
9 | 152659 | 3.880 |
Price($) | Vol. | No. |
---|---|---|
3.930 | 128694 | 6 |
3.940 | 227172 | 8 |
3.950 | 168384 | 6 |
3.960 | 24919 | 3 |
3.970 | 8912 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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EVN (ASX) Chart |