Keep in mind we fully recovered back to equivalent pre-covid share prices ages ago (perhaps around $5 mark I did a calc in 2020 so a bit hazy) - there was massive share dilution (150% of original shares issued at $1.70)
Thus the upside may not be as much as you might think from here especially in terms of COVID recovery.
From memory its also kinda priced like a tech stock given high P/E ratios which can also be a reason.
Personally I sold some a while back at $5, my other half I'm ready to offload soon - I keep holding for $7 but we get close and drop back down each time.
Shorts, page-2
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Last
$6.86 |
Change
-0.130(1.86%) |
Mkt cap ! $2.692B | |||
| Open | High | Low | Value | Volume |
| $6.93 | $6.95 | $6.83 | $6.431M | 935.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3145 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 4697 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| WEB (ASX) Chart |