COVID has had the opposite effect within the construction scene.. It has gone crazy.
To prove this, take a look at comments from major shareholders (Ertech) management outlining that the biggest issue facing the construction industry is Skill shortages.
You dont have skills shortages if the work isnt booming.
Also, check the performance on other construction companies to compare.
To summarise, regarding DUR, There is a bigger pot of work, why not the increase in revenue?
As always DYOR, however I suggest the research be on all involved, including previous management and current major shareholders.
I do wish holders the best of luck, and I would be happy to see the SP increase, however these guys have outlined a big precendent standard in terms of Revenue and profit, but are so far glossing the fact that they are struggling to meet that standard.
Smoke and mirrors.
COVID has had the opposite effect within the construction...
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Last
$1.15 |
Change
0.085(7.98%) |
Mkt cap ! $285.6M | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.16 | $1.07 | $1.116M | 990.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26000 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 1297 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$1.14 |
Change
0.085 ( 8.06 %) |
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| Open | High | Low | Volume | ||
| $1.08 | $1.15 | $1.08 | 45269 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| DUR (ASX) Chart |