I don't think it will collapse back to where it was. It was too low a SP for their assets. As @kittyboomboom was mentioning in the other thread they make a good take over target, especially for other money lenders looking to get their products out through brick and mortar stores popular with the target market. There is still value in these prices.
However, if it does go back towards mid 20s I will be there buying once again. Rinse and repeat. It is much much safer buying lows when you are confident the stock is undervalued.
Oversold?, page-59
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $128.6M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $344.4K | 1.722M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 514631 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 83336 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
20.0¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 20.0¢ | 20.5¢ | 19.5¢ | 411060 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| CCV (ASX) Chart |