My best guest is that share price is hostage to revised interest rate predictions. Higher interest rate early on will result in investors requiring a greater risk premium and greater discount of future cash flows in DCF models. For what it is worth, I'll be looking to buy more at these levels as funds become available to me.
Best wishes for successful investing.
My best guest is that share price is hostage to revised interest...
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Last
55.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $132.6M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 57.0¢ | 55.0¢ | $14.07K | 25.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 950 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 20901 | 1 |
View Market Depth
| Last trade - 15.11pm 27/09/2024 (20 minute delay) ? |
| M7T (ASX) Chart |