Marmaduke, i think you are mostly correct here.
Although, i will say that investors are comfortable paying a premium for quality management, consistent growth and strong free cashflow.
At $2+ is was probably getting a little ahead of itself, however, if it continues to deliver, it could be worth much more than that. Interesting to note nomura have recently put a $2.11 price target on it.
This is a company I would be happy to buy into at some point. Im probably not far away from gradually building a position in it. $1.50 would be a good entry price, but I suspect I will begin accumulating closer to $1.70.
Marmaduke, i think you are mostly correct here.Although, i will...
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Mkt cap ! $3.744M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 38470 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.7¢ | 30000 | 1 |
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| Last trade - 16.12pm 22/05/2024 (20 minute delay) ? |
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| Last updated 10.27am 22/05/2024 ? | |||||
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