So am I. It's one of those stocks that tick both TA and FA IMO. One point of interest is I bought in based on what I thought offered value, yet the Value sites llke MyClime, Skaffold, value it around 13cents. I think this I based on averaging past ROE as a guide to future ROE which they have around 5%. Yet ROE based on last half yearly is around 17% from memory. This IMO is likely to increase given managements guidance and prudent acquisitions. Based on ROE of 20% suggest ps value still exists with this stock. It's SP performance in the midst of a fearful market is extraordinary.
Maybe the best shares are those that don't get a lot of posters on Hc. When reading some posts on the popular (read speculative) stocks you realize irrationality abounds.
So am I. It's one of those stocks that tick both TA and FA IMO....
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Last
$2.00 |
Change
0.040(2.04%) |
Mkt cap ! $110.3M | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.00 | $2.00 | $23.39K | 11.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 3802 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| MXI (ASX) Chart |