I've never understood this 'priced in' argument with share prices, it sounds like expertise in hindsight. What was 'priced in' when the SP was at 9 cents?
The share price was double what it is now when the application went in, so if it's approval has been 'priced in' then they're arguing that the value of a mining lease is a reduction of at least half the value of the company. Makes zero sense to me. I'd say it's more a case of global uncertainty and most non revenue producing companies being hammered in favour of safer havens. This lease is major derisking event, so it can only be positive to me.
- Forums
- ASX - By Stock
- Mining Licence Active
I've never understood this 'priced in' argument with share...
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IXR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.25M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.3¢ | $314.7K | 22.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 238669 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 12247863 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 238669 | 0.014 |
57 | 23025031 | 0.013 |
25 | 9272442 | 0.012 |
17 | 9662411 | 0.011 |
21 | 11849004 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 12247863 | 16 |
0.016 | 5891258 | 9 |
0.017 | 4039204 | 9 |
0.018 | 4740211 | 17 |
0.019 | 6676534 | 21 |
Last trade - 15.39pm 30/04/2024 (20 minute delay) ? |
|
|||||
Last
1.4¢ |
  |
Change
0.000 ( 3.45 %) |
|||
Open | High | Low | Volume | ||
1.4¢ | 1.4¢ | 1.3¢ | 15302850 | ||
Last updated 14.16pm 30/04/2024 ? |
Featured News
IXR (ASX) Chart |