The current SP is based on the markets view that the company is a cot case.
It's the market Cap. in March next year that we need to focus on.
The half year result will not have to be a really good one to do the job of winning back the markets confidence and getting the market cap up to circa $480m.
Worth remembering the Sp went from 5 to 65c (13x) in 18 months in 2019/2020 when the company declared a small maiden profit under the new strategic plan.
Every chance a break back into profit would quell the markets nerves which could do wonders for the share price. We only need 7x to get a top 500 cap.
The current SP is based on the markets view that the company is...
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $58.54M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $5.766K | 40.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19709 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 79659 | 2 |
View Market Depth
| Last trade - 13.51pm 12/07/2024 (20 minute delay) ? |
| VMT (ASX) Chart |