Hi @dannyb54
Price is very subjective and don’t believe anyone could tell you where it will be in the short run (nor my analysis, I wouldn’t still be working otherwise).
The fall in price since IPO indicates a few things - primarily lack of understanding of the business, investors may have sold due to the amount of paperwork they got, etc.
I understand Rajiv Jain/Tim Carver will be coming out soon to do a roadshow. Understanding of business will increase over time, but may take a while to reflect in share price. It is the job of Rajiv Jain and Tim Carver to inform Australian Investor community of who they are and what the business aims to do. Articles in the Australian press haven’t really been very informative.
Best of Luck
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Hi @dannyb54Price is very subjective and don’t believe anyone...
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$2.71 |
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Mkt cap ! $8.003B | |||
| Open | High | Low | Value | Volume |
| $2.68 | $2.72 | $2.64 | $3.472M | 1.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9311 | $2.69 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.72 | 7967 | 4 |
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