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
$2.93 |
Change
0.110(3.90%) |
Mkt cap ! $261.5M | |||
| Open | High | Low | Value | Volume |
| $2.88 | $2.94 | $2.80 | $178.6K | 62.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3018 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 9348 | 7 |
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| Last trade - 12.52pm 28/06/2024 (20 minute delay) ? |
| BRE (ASX) Chart |