In the share market it's almost always better to under promise and over deliver, fact. Setting a realistic target sp is crucial because it manages expectations and builds credibility. I've seen it time and time again.
Companies that consistently overachieve their targets tend to gain more trust and see a positive impact on their sp. So the trick is then to make sure that you are in fact overachieving, so that means not making the target crazy high. So yeah $5 is great, but it’s important to set a target that's sustainable to maintain market confidence and long term growth imo.
P.s. predicting a sp based on a sngle variable (like revenue growth) is inherently not right. End of the day it's influenced by huge number of factors (i.e. economics, market sentiment, competition). Don't think you'll get an answer for what the sp will be based off revenue growth alone
- Forums
- ASX - By Stock
- POTENTIAL RE-RATE CATALYST EVENT: RESULTS
In the share market it's almost always better to under promise...
-
- 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
Add EYE (ASX) to my watchlist
|
|||||
Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $43.52M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 19.0¢ | $19.57K | 102.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 117988 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 67928 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 117988 | 0.190 |
5 | 150000 | 0.185 |
3 | 150000 | 0.180 |
3 | 22145 | 0.175 |
4 | 207400 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 67928 | 3 |
0.200 | 70397 | 2 |
0.205 | 6083 | 1 |
0.210 | 243212 | 3 |
0.215 | 510482 | 8 |
Last trade - 12.27pm 06/09/2024 (20 minute delay) ? |
Featured News
EYE (ASX) Chart |