BLV 0.00% 1.6¢ blossomvale holdings ltd

It depends on whether the market believes the forward earnings...

  1. 1,068 Posts.
    It depends on whether the market believes the forward earnings story enough to price it in beforehand. NMS at $1.50 was at a time when the market was prepared to accept promises from spec stocks at face value. It's a different market now, it is much more risk-averse and as such you won't see stellar returns on a vague promise and a rumour, regardless of the stock.

    Also they have been diluted all to hell now, they now have at least double the number of shares on issue now compared to then, so $1.50 back then equates to just 75c now. 80c would actually be an all time high in adjusted terms.
 
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Currently unlisted public company.

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