5G Networks Limited

ASX:5GN

5G Networks Limited

ASX:5GN
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$0.165 (-8.3%)
Last close price
#345
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1
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#+177% in a day!!
stale
Bear77
Added one year ago
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26th October 2023 (7:38pm): Webcentral announces sale of Retail Domains and Hosting Business for $165M and strategic partnership with Oakley Capital: Webcentral-Sale-of-Retail-Domains-and-Hosting-Business.PDF

27th October 2023: Webcentral's share price rises +177.27% to close at 30.5 cps (yesterday's close: 11 cps).

abb35b0f008ed845fc602a43708419d7b7d79a.png


Some Perspective:

This is how they've travelled over the past 10 years, including today's +177% share price rise:

b968a86c3ccb14982fa3a330ae703273d2edc6.png


Still - not a bad deal for anyone brave enough to buy them at or close to 11c - they've been trading mostly in a range between 9 cps and 12.5 cps over the past couple of months. The market valued the entire company as being worth $36m yesterday, but worth $100m today.

Who says there's not some major market mispricing going on at the small cap end?!?

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