Looks oversold to me but tech stocks are bejng sold off due to inflation expectations so hard to tell tbh. Im just surprised its selling off so hard given the doubling of rev from the acq. Its now only trading at 6x fwd sales which is close to the avg in the tech sector. It was trading at almost double that before the acq. I guess theres a bit of revaluation due to the inflation pressures or theres just something im missing. Its also in a downward channel om the charts so not looking too good tbh... my 2c only..
Looks oversold to me but tech stocks are bejng sold off due to...
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $78.82M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $198.7K | 1.813M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55241 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 665137 | 19 |
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| Last trade - 15.42pm 21/06/2024 (20 minute delay) ? |
| BTH (ASX) Chart |