McLay bought a huge chunk of about 900 K not so long ago. He did sell for a quick profit 250 K odd some time back but still has a bit. Valuation wise this is undervalued as market is basically pricing in very minimal growth which is probably hesitancy about US growth. I agree that market is waiting on the outlook for the US expansion and will react accordingly. Having said that , for a long term investor it offers a good buying positiion if one is willing to hold longer term and obtain a good dividend yield. My conservative valuation is around 10 dollars for this one.
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Last
$12.94 |
Change
-0.260(1.97%) |
Mkt cap ! $880.7M | |||
| Open | High | Low | Value | Volume |
| $12.77 | $13.07 | $12.74 | $3.285M | 255.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 843 | $12.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.00 | 843 | 1 |
View Market Depth
| Last trade - 16.15pm 23/06/2025 (20 minute delay) ? |
| CCP (ASX) Chart |