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.
It's interesting - we only saw 50k worth of sales below $8.80,...
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Last
$4.52 |
Change
0.045(1.01%) |
Mkt cap ! $1.726B | |||
| Open | High | Low | Value | Volume |
| $4.52 | $4.53 | $4.49 | $714.7K | 158.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 13241 | $4.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.52 | 12719 | 40 |
View Market Depth
| Last trade - 15.04pm 11/07/2024 (20 minute delay) ? |
| NUF (ASX) Chart |