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.
Yeh, $10 is a long shot any time soon. But with current...
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Last
$2.58 |
Change
-0.030(1.15%) |
Mkt cap ! $240.9M | |||
| Open | High | Low | Value | Volume |
| $2.66 | $2.68 | $2.53 | $313.6K | 121.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1497 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.70 | 3773 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BRE (ASX) Chart |