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
$2.80 |
Change
0.030(1.08%) |
Mkt cap ! $193.6M | |||
| Open | High | Low | Value | Volume |
| $2.77 | $2.84 | $2.71 | $126.0K | 45.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8107 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$2.80 |
Change
0.030 ( 1.12 %) |
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| Open | High | Low | Volume | ||
| $2.73 | $2.84 | $2.72 | 3941 | ||
| Last updated 15.57pm 24/05/2024 ? | |||||
| BRE (ASX) Chart |