EOF 13.2% 3.3¢ ecofibre limited

The Spyglass, page-417

  1. 1,578 Posts.
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    Why would anything “recover” in the midst of the current pandemonium? People dying, lots of unemployed people, inflation rising, markets only being held up by quantitative easing of Weirmacht proportions...

    EOF is STILL overvalued fundamentally. The stock price is way higher than it should be based on book, trailing and forecast earnings etc...

    Under $1.50 I would switch sentiment to “buy” again.
 
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