It's interesting - we only saw 50k worth of sales below $8.80, most of the action has been above $8.88 today with some big trades between $8.89 & 8.95.
You'd have to think $8 is the absolute floor as that would take current PE ratio to circa 9 on revised earnings basis which looks crazy IMO.
Apart from the very short blip below $8 in Dec 08, you have to go back over 4 1/2 years to see levels below that and NUF is a very different company today than it was then. Very hard to justify that type of valuation.
post emergent sales are off the scale, page-40
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Last
$4.62 |
Change
0.020(0.43%) |
Mkt cap ! $1.766B | |||
| Open | High | Low | Value | Volume |
| $4.59 | $4.65 | $4.55 | $2.621M | 569.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1990 | $4.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.63 | 6314 | 4 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| NUF (ASX) Chart |