Price means absolutely nothing mate. The base effect here has meant that it has definitely increased by a large percentage, but the dollar amount it has gone up is tiny. It's still under a $500m market cap which is nothing. So yes you can certainly still call it incredibly undervalued. Zero valuation methods examine past price movements as an input, they all focus on the fundamentals relative to the current price (not past prices).
wa1 Chart, page-1649
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Last
$15.13 |
Change
-0.770(4.84%) |
Mkt cap ! $981.4M | |||
| Open | High | Low | Value | Volume |
| $15.65 | $15.98 | $15.02 | $3.721M | 243.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 995 | $15.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.20 | 5500 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |