I disagree in part speves. Imo the sentiment is bad because the fundamentals have deteriorated so dramatically (from testosterone induced overconfidence imo). It defies belief that Gloucestor can be sold for a $221m profit and 12 months later Lucas are unable to pay the tax on it.
My belief is that value has been squandered, particularly in a big overpayment for McNeil drilling.
The SP has dropped a lot and I like buying companies that are turning around operationally. May be due for a small bounce but imo its too early and the haemorrhaging from its core operating businesses will continue for some time yet, and need to be funded from somewhere. Could be volatile and imo is still susceptible to a drop from further bad news. Tend to like its longer term prospects.
- Forums
- ASX - By Stock
- poor sentiment
I disagree in part speves. Imo the sentiment is bad because the...
-
- There are more pages in this discussion • 9 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
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
Add AJL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.75M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 558656 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 92678 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 558656 | 0.009 |
6 | 1281222 | 0.008 |
4 | 1328710 | 0.007 |
1 | 200000 | 0.006 |
2 | 400000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 92678 | 2 |
0.011 | 401920 | 3 |
0.012 | 401111 | 3 |
0.013 | 249650 | 4 |
0.016 | 79432 | 1 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
Featured News
AJL (ASX) Chart |
Day chart unavailable