So are you saying that MNS shareprice went down but market capitalisation stayed the same? That will only happen if additional shares are issued; notified via a 3B. SP and MC are not mutually exclusive so I'm not really sure what you're getting at there. I don't get emotionally involved with companies. It's not worth it. Invest to make money..nothing else. If it walks like a duck, etc, etc. No peer comparison is perfect but if you have a self inflated emotional view of any stock, it is likely you will be swayed in your analysis. Been guilty of this in the past and it cost me. In reality, MC is a crap metric as it's just an extrolpolation of SOI x SP. EV is way better. The market sees RNU as crap at the moment, hence why it hasn't taken off at all, and clearly it sees HXG as overvalued and a correction is taking place. It's unfortunate for SH's, but it's reality. And I think for HXG, the correction isn't over.
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So are you saying that MNS shareprice went down but market...
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Last
2.1¢ |
Change
-0.002(8.70%) |
Mkt cap ! $11.79M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.1¢ | $1.912K | 83.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 456427 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 50568 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.024 |
2 | 386221 | 0.023 |
2 | 147000 | 0.022 |
5 | 1217500 | 0.020 |
2 | 54368 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 498695 | 1 |
0.026 | 289259 | 4 |
0.027 | 396549 | 3 |
0.028 | 281127 | 2 |
0.029 | 50000 | 1 |
Last trade - 11.44am 28/11/2024 (20 minute delay) ? |
HXG (ASX) Chart |