The stock can easily go back above a $1. It is super illiquid and currently super cheap. About 65%-70% of shares is held is by insiders and long term institutional investors. Therefore you got about 30-35% of free float on a company with 160m market cap. i.e. 50m. Which is tiny.
Ann: Preliminary 1H19 Results, page-30
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Last
$3.39 |
Change
-0.110(3.14%) |
Mkt cap ! $638.2M | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.61 | $3.37 | $12.59M | 3.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4125 | $3.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.39 | 9989 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CAT (ASX) Chart |
