AZG 0.00% 3.6¢ allmine group limited

npat up 250%

  1. 6,292 Posts.
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    NPAT up 250%
    So if you got in in the IPO at 20c with NPAT of 3 and it was 17.5c you would think that the SP would about wright however it took over a business that wasn’t doing great and then a another one and it wasn’t that bad and hold them to make a profit to which they did which was well after the IPO and what most people brought into you would think we would all be driving new cars
    But maybe the drop of the NPAT of 2 to 3 has been priced in to it although I don’t know what priced in to it means as every time I hear it still goes up or down on the news
    So now we are waiting for the market to open wondering if the SP is going to go down and how much and the NPAT has gone up 250% doesn’t make a lot of sense
    Anyone got anything else to add about the SP price or if I am missing something as I am just a simple builder with a buy hire and sell low for my retirement plan
 
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