This stock was one where one of the Intelligent Investor analyst's recommended a year ago. The issue seems to be here that they are short of capital and although they are winning contracts the expenses are very high as well. I think this is the reason the bidders lowered their offers. The upfront costs of a contract win are big. I have taken a small position to give me the option to buy more in a capital raise The software is good and the medium/long run is good.
This stock was one where one of the Intelligent Investor...
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Last
$4.38 |
Change
0.000(0.00%) |
Mkt cap ! $132.5M | |||
| Open | High | Low | Value | Volume |
| $4.40 | $4.41 | $4.38 | $841.2K | 191.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $4.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.38 | 16 | 1 |
View Market Depth
| Last trade - 11.49am 07/06/2024 (20 minute delay) ? |
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Last
$4.37 |
Change
0.000 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $4.41 | $4.41 | $4.37 | 1988 | ||
| Last updated 12.26pm 07/06/2024 ? | |||||
| EOL (ASX) Chart |