If they can recover their business/brand, their intangible assets value will increase (also their tangible assets such as HPC will as well) but I doubt it will be as high as write-down that has occurred these few years anymore.
MC's value don't always follow metric, if they are still trading by this time next year, traders might see a pps of $1 as cheap and buy. However, the MC will never get back to $1B+ value anymore, I see $250M as probable.
insider trading, page-20
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Last
7.2¢ |
Change
-0.001(0.69%) |
Mkt cap ! $169.4M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.2¢ | 7.2¢ | $19.86K | 275.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 699904 | 7.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 206857 | 4 |
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| Last trade - 12.20pm 04/12/2024 (20 minute delay) ? |
| RFG (ASX) Chart |
