If 21c does not hold then 18c is very strong support - look back at how this level has played out since late 2008 (barring Apr/May breach, which was quickly overturned). In either case, at 21c the company has an EV/EBITDA of just under 6 (applying conversion rate as at 30-Jun-16 of 1.343285 AUD to USD) and price to book of 0.42, so has strong fundamental support alongside technical view. Note that this calculated ratio may differ slightly from other sources - e.g. Yahoo Finance, which appears to not apply USD conversion to reach its EV/EBITDA figure. The market may be pricing in some expectation of negative future performance, but for all appearances this company is undervalued at current levels.
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $36.94M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $2.567K | 213.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 139513 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 139513 | 0.012 |
1 | 549999 | 0.011 |
1 | 30000 | 0.010 |
2 | 2927375 | 0.009 |
1 | 125000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 300000 | 1 |
0.015 | 30238 | 1 |
0.017 | 408867 | 1 |
0.018 | 273945 | 1 |
0.021 | 200000 | 1 |
Last trade - 13.39pm 10/07/2024 (20 minute delay) ? |
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INFINI RESOURCES LIMITED
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