Looks like the SP is in IJ's call the regulator the price is senseless range again.
Your call that 17 cps is "cheap" now looks a bit premature.
Perhaps the markets are a bit spooked on how materiel the loss of the lawsuit will really be.....if they lose.
I think it's smart for the market to have a bit of risk off sentiment towards BRL.
Of course their are those on here with an agenda that want you to believe the court case is immaterial but I think the market won't like it if they lose.
Strange the SP reaction going down when everyone expects a stellar 6 monthly report.
I suppose some will just put it down to the market being "senseless"....ah
But the SP has not reflected the companies improved fundamentals ever since the RCPS debarkle.......probably a coincidence....lol
Is The Market Stupid...?, page-124
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Last
84.5¢ |
Change
0.040(4.97%) |
Mkt cap ! $161.6M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 84.5¢ | 81.5¢ | $12.86K | 15.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 264 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 6599 | 1 |
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| BRL (ASX) Chart |