Well theoretically it could go to zero, but I don't think that is likely given the strong balance sheet.
Your question cannot be definitively answered, other than the above. The price will go wherever the market wants it to go in the short term is the short answer. I think the important thing to do is to value the business yourself, and identify if this price is right for you based on a sufficient understanding of cash flows in the next 5-10 yrs. Unless of course you're a short term trader, and in that case in my opinion you're probably better going to the casino and betting red or black.
Cheers.
Well theoretically it could go to zero, but I don't think that...
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Last
$8.44 |
Change
-0.060(0.71%) |
Mkt cap ! $1.454B | |||
| Open | High | Low | Value | Volume |
| $8.54 | $8.54 | $8.39 | $5.037M | 595.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $8.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.45 | 4641 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |