Mind explaining how it's undervalued? Its market cap is 38m and it is generating less than 1m in revenue. Growth has been stagnant at times when accounting for index movements. Expect FUM to decrease over the next month or so as they pay out dividends. Been watching this stock for a while now, and not sure how they got an IPO valuation of $1.80 a share. But yes, the sell-down will provide a buying opportunity for some as I'd imagine many would want to get out ASAP.
Ann: Forthcoming release of shares from mandatory escrow, page-3
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Last
44.5¢ |
Change
-0.010(2.20%) |
Mkt cap ! $44.68M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 42.5¢ | $9.441K | 21.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 73129 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 49999 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RZI (ASX) Chart |
