but what your forgetting is now the potential upside of SE is gone. The plant is old news and even if you’re generating 100 million dollars revenue per year at 25 million profit for example. 7 times multiples for resource companies give you a 150 million market cap and it’s where it was trading before SE. Market always prices in the future and SE no doubt about it was much larger and potential was significantly larger. I’m not saying it’s not a buy I’m saying there is a raise coming with short term swing of 26-28 cents
WA Govt Gas Policy Report Today, page-139
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $643.6M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.0¢ | $2.095M | 9.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1543383 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 613863 | 5 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |