Hey @DairyDonkey
Interesting comments, thank you. I think you're after opinions from people who have been holding some time and have optimism going forward, which is not me.
However, for the conversation, I'm taking a simple approach to this. I'm viewing WNX as a growth company that will be hoping to be bid on the market on a price:sales basis. Current p:s is about 2 which is not excessive and could potentially be higher without being too aggressive. I'm punting the market might be willing to go to 3 times in a recovery bounce if there's a pipeline of additional sales evident.
If valuing off the back of financials, along the lines that you have done, then current valuation would indeed be stretched. So a good valuation is dependant upon the market being willing to go to growth metrics like price:sales
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Hey @DairyDonkeyInteresting comments, thank you. I think you're...
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Last
2.7¢ |
Change
-0.002(6.90%) |
Mkt cap ! $35.16M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.7¢ | $37.65K | 1.378M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4414446 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 1144150 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1898946 | 0.027 |
3 | 1088473 | 0.026 |
6 | 2520000 | 0.025 |
3 | 1600990 | 0.024 |
4 | 1360000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 1144150 | 1 |
0.031 | 901 | 1 |
0.032 | 1380417 | 3 |
0.033 | 1483458 | 5 |
0.034 | 756350 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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