I agree a long term play because stepping back and not looking at share price history the reality is the stock on face value looks correctly valued to me maybe even 20% over valued. They can get to solid profit but it is not a growth stock. Yes I am conservative when I value, not sexy but has worked for me over the years.
The new CEO has a great track record look at his past, he also knows how to sell. If this moves from what is currently not a growth stock to a growth stock then it can go up rapidly. However I could not in the next 3-5 years ever see it getting to over $10.I like the tech, it’s actually amazing but bits are dated, but have always avoided the stock however at under 1.40 I will accumulate because of the new CEO, did not pick any up yesterday sadly I bid too low. I am watching and plan to procure progressively but not large unless it hits $1.20 and I will take a large stake (well large for me probably small for some). Then I will wait for the new CEO to fix stuff which we should start to see mid 2023 (half yearly next year).
let’s hope this is the start of a new era
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Last
$3.23 |
Change
0.150(4.87%) |
Mkt cap ! $1.046B |
Open | High | Low | Value | Volume |
$3.15 | $3.24 | $3.10 | $1.465M | 460.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3105 | $3.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.24 | 1286 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3105 | 3.210 |
1 | 300 | 3.150 |
1 | 4000 | 3.100 |
1 | 970 | 3.050 |
1 | 286 | 3.010 |
Price($) | Vol. | No. |
---|---|---|
3.250 | 19750 | 4 |
3.260 | 8671 | 3 |
3.270 | 20000 | 1 |
3.330 | 239 | 1 |
3.340 | 18000 | 2 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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