Efforts to keep this stock above $1.70 comes in chunks. The SP wants to drop, only to be buoyed a few days later by a buying spree. Is this sustainable? Probably not - the SP has run hard and is now well ahead of its intrinsic value of $0.68. ROE is now a low, DY below 2%, and NPAT growth negative. Evenso, a buy if SP reset below about $1.40, otherwise happier hunting grounds elsewhere.
- Forums
- ASX - By Stock
- API
- keeping the ball in the air
keeping the ball in the air
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)