The market is the market Capt Steve .... different views make the market and different views make for an interesting forum .
The theory behind SPZ looks "smart " ....I suspect the reality isn't - naturally I could be wrong LOL
IF SPZ get to about 14-15 Cents ...which is where I think they are heading ....I'd probably pick a few up for the trade , or maybe the long ride. ( subject to what developments occur )
Right now , in my view there is absolutely nothing about the management that inspires confidence , other than their ability to produce beautifully drafted reports .
I really like their graphics . They do that very well .
They also pay about $300 k a year to one of the computer share entities for printing ( per last years report ) . As you may know Computer share is Chris Morris's baby . Nothing wrong with that I suppose - I assume the printing contract has been put to tender at some stage - Computer Share probably do a very competitive job .... who knows ???
But an Ozzie company with 90% of their revenue in the UK ???? Come on ....think of the reality of the " on line & day to day management and operational reporting." ..... its hard enough making a buck in a business you can feel and touch everyday ...... let alone one that is half the world away !
Slater and Gordon tried this ......on a much bigger exposure of course - didn't work so well .
I've heard others on this site complain that SPZ dont communicate much , other than via some of the social media sites . - its true they dont .
Back in April SPZ released their announcement saying that they dont feel obliged to put out quarterlies ( and I some made appropriate comments back then ) .
Maybe the company should demonstrate a little more transparency .
Right now its very "opaque "
Lets see what the half yearly look like .
cheers
VA
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Last
63.5¢ |
Change
0.050(8.55%) |
Mkt cap ! $221.7M |
Open | High | Low | Value | Volume |
58.5¢ | 63.5¢ | 58.5¢ | $310.9K | 508.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4875 | 61.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
64.0¢ | 14000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4875 | 0.615 |
2 | 9000 | 0.610 |
1 | 8335 | 0.600 |
1 | 8400 | 0.595 |
1 | 8594 | 0.580 |
Price($) | Vol. | No. |
---|---|---|
0.640 | 14000 | 1 |
0.650 | 43567 | 1 |
0.660 | 6509 | 1 |
0.685 | 35000 | 1 |
0.695 | 15689 | 1 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
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