Unless you move the market, the fact that you notice an 'undervalued' company wont make it more likely to rise in price the next day,.
Everyone will look at me and the others as being silly talking about how this is under-valued. But thats cool, people were saying the same thing when the heads were 5.9 options 3.2
If you need the share price to rise to tell you that the share price is too low, you are missing the whole point of trying to find undervalued stocks. By the time the share price has risen, good chance the stock is no longer undervalued. You see the breakdown in logic there?
The stock's movement on the market is meaningless to valuation of the company.
When you are looking at value, you are looking at the business. We just went from coal explorer to coal producer from 2 mines within 3 months, I dont know how you can say that is 'well under par'.
CCC Price at posting:
74.0¢ Sentiment: Buy Disclosure: Held
