E82M
We obviously agree. I will not try to explain more of the detail that is industry specific.
I would remind investors and traders of the old adage, buy on facts - sell on rumours.
The facts are that this is a profitable stable well run business.
The "rumours" in this case are the belief that profit can grow fast enough to justify the price to earning multiple.
On this basis, I would be selling. It has no reason to go higher. It has been hyped up already. Delivery may not happen or may lag expectation.
I hope all investors here make money on this company.
Overvalued, page-28
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Last
$3.99 |
Change
-0.010(0.25%) |
Mkt cap ! $10.98B | |||
| Open | High | Low | Value | Volume |
| $3.94 | $4.00 | $3.94 | $43.72M | 10.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 92916 | $3.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.00 | 178869 | 15 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MPL (ASX) Chart |