Remember the market thinks this is a loss-making company and/or a fad and/or next 6-12 months will be bad (the last is correct).
Also throw in CEO leaving (genuine concern) & IPO/PE convo.Actual Value guys will look further forward to normalised earnings - understanding cyclicality, operating leverage, seasonality and underlying growth.Then compare to $54m MC or ~$34m EV - understand price v value and love the inefficient ASX market.Each to their own strategy - if momo/index hugging is your thing (your version of FA lolz) this is not for you.
I was happy to buy WHC at $1.80s and average down at $1 (not quite the bottom at 80c odd) for a so called "dead industry" then sell at $10 a couple years later - chuckled listening to momo guys talk FA along the way at $3-5 lolz.This theme is similar across the retail space.IMO some great bargains to be had (at different risk-reward levels). I am keen to load up on retail (only hold small % in DSK atm).The question is will we get the last flush out in the lead up to results?Couple of key players who are still silent....
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Last
84.0¢ |
Change
0.005(0.60%) |
Mkt cap ! $52.30M |
Open | High | Low | Value | Volume |
83.0¢ | 86.0¢ | 80.5¢ | $82.73K | 99.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 44025 | 83.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 9901 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 44025 | 0.830 |
1 | 500 | 0.820 |
1 | 3600 | 0.810 |
1 | 28571 | 0.805 |
3 | 25250 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 9901 | 1 |
0.860 | 10293 | 2 |
0.865 | 1000 | 1 |
0.870 | 1807 | 1 |
0.885 | 16418 | 2 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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