i think your last paragraph is the sticking point here. I think you and Mak are both right. Whilst people are entitled to FEEL whatever they want, it’s when they seek to attribute / assign that discontent to the company’s performance, or lack there of, is the issue.
If a company is to be measured by its SP (which I believe ULTIMATELY it is) then the constructive criticism/ questions raised are fair game. If Mak measures the company by its fundamentals and he feels this is just a quarter time score - as I do- (current SP) then that is equally a legitimate perspective.
Taking all these things into account, and the time of year, I think this is a buy as far as risk/reward is concerned. It could be argued it’s somewhat of a reductionist view, but thats all I’m interested in at this point. There isn’t enough known to form much else of a value judgement.
Is this likely to increase in value from its current position over the course of the next 3-6 months...?
Answer: Y/N
I say, Yes.
It’s when the expectation levels & conversations start talking about “1 - 2 - 3 bags” or “5c” etc where we move from a fairly simple proposition, to a more complex discussion.
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $3.997M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.3¢ | $14.26K | 1.041M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 391000 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 801910 | 0.021 |
6 | 1095049 | 0.020 |
5 | 595446 | 0.019 |
3 | 245333 | 0.018 |
2 | 233000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 100000 | 2 |
0.023 | 3515167 | 1 |
0.024 | 141704 | 2 |
0.025 | 240039 | 2 |
0.026 | 200000 | 1 |
Last trade - 15.43pm 15/11/2024 (20 minute delay) ? |
AAJ (ASX) Chart |