It had a spark of hype because of statseeker which then got dampened by the profit guidence in the next FY.
It happens, market inteprets different things in different ways.
At 8c/share the divi is around 2.4% annually if they had two divis, for a spec stock thats amazing.
Directors have indeed bought heaps.
MC currently currently sitting around 19million, which is cheap for the sector based on profit guidance (PE of 10-11 vs sector PE of 17) and if earnings surprise in regards to statseeker could see far more than 50% growth.
It depends on performance and perception as always. DYOR.
It had a spark of hype because of statseeker which then got...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
