Hey Guys,
I reckon the short sellers are having a bit of a picnic at the moment but not for long.
The downgrade was nothing to get miserable about - on the contrary it shows responsible management.
For example they weren't prepared to hire staff at any cost and saddle the company with long term salary liabilities so they let a few contracts go/slip. That's fine by me.
Another example is the write-down on Project Mngt. That was a good move, rather get in and do it than wait for the Auditors to spring it on you at the last moment !
This turn-around is going just fine and I am busy buying from the shorts/nervous nellies.
update, page-10
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Last
$1.21 |
Change
0.015(1.26%) |
Mkt cap ! $719.7M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.21 | $1.19 | $660.6K | 549.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 298 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 31682 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| COF (ASX) Chart |