A stock like this isn't for quick cash, and in the medium to long term should trade nearish NTA, maybe a slight premium if it is well managed.
So ... with current prices being only ±10% below NTA don't expect anything fast. If they invest their cash and funding availability well maybe modest upside over 2 years. I don't see it happening while they're not fully invested.
Just my thoughts.
Turnaround continues., page-3
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Last
$2.40 |
Change
0.170(7.62%) |
Mkt cap ! $426.4M | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.42 | $2.32 | $645.3K | 271.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 61642 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 24000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| APZ (ASX) Chart |
