I would think that is undervaluing it. Management has done a lot of balance sheet repairs and taken quite a bath in the P&L. I think we should start getting some very positive quarterly reports from now on, and provided they dont stuff up somehow, and the POG holds up, I would think that the price could be a lot higher. Really the price was super undervalued, there is no reason to think that it wont overshoot upwards the same way.
McPhillamys, page-57
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Last
$1.78 |
Change
-0.010(0.56%) |
Mkt cap ! $1.340B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.79 | $1.76 | $3.430M | 1.934M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 43503 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 48116 | 6 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |