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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If 21c does not hold then 18c is very strong support - look back...
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $27.71M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $1.154K | 128.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1274991 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 482607 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1274991 | 0.008 |
4 | 1047152 | 0.007 |
2 | 2250000 | 0.006 |
2 | 800000 | 0.005 |
2 | 650000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 482607 | 1 |
0.012 | 540362 | 1 |
0.014 | 252448 | 1 |
0.015 | 340001 | 1 |
0.018 | 273945 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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