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EYE

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4.35%

22.0¢ nova eye medical limited

Agreed about small and micro caps but I wouldn't want Regal...

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Weazel

948 Posts.

173

11/04/24

04:11

Post #: 73286981
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Originally posted by TheAnalyst007: ↑

Noticing many funds commenting on the significant undervaluation of small and especially micro-cap stocks that is currently present. The below slide is from Regal, one of the top performing Aussie funds. The smaller end of town seems to the focus for the bigger end of town at the moment, which is perfect timing for EYE given how strongly it is now performing fundamentally. The difference between now and the last few years is that the fundies are actively looking for stocks like EYE, which they suspect will significantly outperform. Helps as well that it is also in healthcare, which is another segment of the market expected to significantly outperform. So ignoring the fundamentals here, EYE will certainly be popping up on the scanners of fund managers, as it is a solid play for both the small/micro cap and the healthcare rebound.

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Agreed about small and micro caps but I wouldn't want Regal taking up a large position in EYE as they make most of their money from heavily shorting stocks the same as State Street. I'd rather have someone involved that makes money by the SP going up !!!

Last edited by Weazel: 11/04/24

EYE Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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(20min delay)
Last 22.0¢		Change -0.010(4.35%)		Mkt cap ! $50.34M

Open	High	Low	Value	Volume
24.0¢	24.0¢	22.0¢	$170.5K	753.5K

Buyers (Bids)

No.	Vol.	Price($)
8	264524	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	63154	2

View Market Depth

No.	Vol.	Price($)
7	261965	0.220
3	113655	0.215
5	290050	0.210
3	32040	0.205
12	83600	0.200

Price($)	Vol.	No.
0.240	28253	1
0.245	29000	2
0.250	149617	4
0.260	70408	2
0.280	102000	2

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 22.0¢			Change -0.010 ( 6.38 %)
Open	High		Low	Volume
23.0¢	23.5¢		22.0¢	293179
Last updated 15.58pm 07/06/2024 ?

EYE (ASX) Chart