That was just on technicals. If Main Event was not to be sold and Ardent remained as is, I would still call $1 given the nature of the bear market and unfolding crash. imo. ALG & quite a few in the ASX50 have held up well, but their time is nigh for a haircut.
Re your second post, Ive done the calcs earlier in this thread.
Why do retail buy this dog stock?, page-19
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Last
49.0¢ |
Change
0.040(8.89%) |
Mkt cap ! $222.6M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 49.5¢ | 46.0¢ | $573.5K | 1.177M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49133 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 110056 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CEH (ASX) Chart |