It's a mug's game trying to justify the current share price using the current price of spod as anyone who's serious will get sub $2. Anyone who tries to justify the current share price with where spod is currently at is using a lot of gymnastics with their numbers as there's no way the current valuation is justified if the current price of spod persists for a period of time. The market is factoring in a decent recovery in the price of spod at current valuation.
The market provided a gift to get out of my trading position this morning. It should have opened sub $3.80 but the market was asleep at the wheel opening at 3.84.
Good News & Bad News, page-41057
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Last
$2.74 |
Change
-0.110(3.86%) |
Mkt cap ! $8.249B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.80 | $2.66 | $184.4M | 67.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 238827 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 274109 | 7 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |