Yeh, $10 is a long shot any time soon.
But with current grades/deposits and management, I can't see it hanging around these prices for too long.
Instos/smart money got in at the ipo, so currently I'd assume it's only retail trying to get in, which I also assume not many know too much about BRE.
With the top 20 owning so much of this company, on further results, I can't see this hanging around these prices for too long. And like yourself, I think $3-$4 is fair value for this year.
But no reason by the end of the decade this couldn't be at $10.
I haven't been this excited for a company in a while.
Market cap way off, page-9
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.91 |
Change
0.090(3.19%) |
Mkt cap ! $261.5M | |||
| Open | High | Low | Value | Volume |
| $2.88 | $2.93 | $2.80 | $173.7K | 60.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1629 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 202 | 1 |
View Market Depth
| Last trade - 12.28pm 28/06/2024 (20 minute delay) ? |
| BRE (ASX) Chart |