89c price spread, gotta love that volatility even on a good news day.
Well, since it listed on ASX its become very good trading stock and that's presents good opportunity for long term holders to enter on days when shorts pile on.
this price action tells me its going lower .. whats a good pe ? less than 20 ? 10 ?
Sure, why not 5 for a company that soon to be $1bln + in revenue, 40c forward EPS, nil debt and sitting on huge pile of cash to find a home for great investment for future growth.
Sure, why not 5 for a company that soon to be $1bln + in revenue, 40c forward EPS, nil debt and sitting on huge pile of cash to find a home for great investment for future growth.
Did Jayne say something not going well or something to cause this 9%/10% swing this afternoon
She said she plans to sell most of the shares she will receive in her next tranche. Her excuse was tax obligations and completing the payment for an investment she made in 2016. The SP was at around $10.60 NZD when she said that so already on the way down although surely sped up a bit.
She says she will then hold her remaining shares and build a bigger stake from future performance rights.
I was actually quite impressed with her today up until this...
Last edited by allfromacell; 20-11-2018 at 04:23 PM.
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