I've given up trying to determine fair value for stocks like this.
You look at the Market Cap and their profit results, then try and assess what a reasonable profit No. for 2004 might be and then you give up.
Globe might be overpriced at 49.5c but then again it might be undervalued at 70c!
I'm just glad I sold at 54 & 55c. Did a nice trade on Tuesday and was happy with the results.
Bottom line: I don't like the current Market Cap. It's way too high given their history and their market.
Good luck to holders....I hope you do well.
Coop
I've given up trying to determine fair value for stocks like...
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Last
$2.96 |
Change
-0.050(1.66%) |
Mkt cap ! $122.7M | |||
| Open | High | Low | Value | Volume |
| $3.11 | $3.11 | $2.96 | $10.01K | 3.328K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 2088 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| GLB (ASX) Chart |