Hi huddo
A good entry point mmm....
Mate im not good at this sort of thing hence my buying Argos shares at a “premium” to their nta...
However that was then, now I’ve a couple of things i look at after I’ve decided if the company actually fits/suits my requirements.So if you’ve decided that you just must have Argos shares?Then right now nta is $8-19 and SP is $7-95 so discounted 24cents. I note from the 2nd chart most of the last 10yrs the sp has been in a “premium”state.
The 1st chart is purely share price based, on this one i might try to draw an”average” trend line through the 10yrs chart then ask myself if the current price is above or below this trend line. I often repeat this on a 5 & 3 yr chart as well.
If you’re aware of other similar companies then sometimes comparisons help.
I hope this helps, sorry I can’t be more definitive but really ive no idea what the sp will do in the future!!
Good luck!
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Last
$8.99 |
Change
0.000(0.00%) |
Mkt cap ! $6.815B |
Open | High | Low | Value | Volume |
$9.01 | $9.09 | $8.97 | $4.437M | 491.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2478 | $8.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.03 | 2512 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 432 | 7.630 |
4 | 6421 | 7.620 |
10 | 28630 | 7.610 |
55 | 111350 | 7.600 |
5 | 2007 | 7.590 |
Price($) | Vol. | No. |
---|---|---|
7.650 | 16007 | 6 |
7.660 | 2220 | 4 |
7.670 | 3205 | 2 |
7.680 | 37046 | 4 |
7.690 | 2000 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
ARG (ASX) Chart |