The business is growing as planned. The company hired more staff and expanding its operation, hence increased in spending. The overhead is relative to the business expansion and operation. Yes, this might go sub 80c for awhile. Will be topping up at 79c again. Investing in business and expanding operation is a positive sigh of growth. Let's see where sp is going to be in next two quarters.
Ann: Business Update & Appendix 4C, page-7
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Last
99.0¢ |
Change
0.040(4.21%) |
Mkt cap ! $171.0M | |||
| Open | High | Low | Value | Volume |
| 96.0¢ | $1.01 | 96.0¢ | $185.2K | 189.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 46969 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 8272 | 1 |
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| CGS (ASX) Chart |