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
$3.97 |
Change
0.020(0.51%) |
Mkt cap ! $1.517B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $4.05 | $3.95 | $4.034M | 1.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5317 | $3.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 2516 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NUF (ASX) Chart |