The market under-reacted to their results IMO. The market needs to raise the odds of higher earnings in the future now, and sucked its thumb for a while. IMO it will be worth $1.20 ish arguably, if the success is built upon from here, and then you need to apply the odds of success/failure to reduce the value from that, say 50%, probability outcome. It was no longer worth under 40c any more IMO.
Ann: Appendix 4E and 30 June 2017 Annual Report, page-33
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Last
47.5¢ |
Change
0.020(4.40%) |
Mkt cap ! $27.00M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 47.5¢ | 46.0¢ | $12.08K | 26.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13356 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 17160 | 1 |
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| Last trade - 11.09am 25/11/2024 (20 minute delay) ? |
| KME (ASX) Chart |
