Once sales for the March quarter, June quarter and September quarter are understood and the market can see the strength of its online offer and in store experience then i see no reason why the SP wouldn't pass $3 on the way to perhaps $4 which is double where it is today.
The other kicker which will become apparent in FY'21 is the significant cost benefits and stock benefits to be generated by the new DC consolidated program. IMHO
Of all the retailers on the ASX, ADH has the highest potential.
Cheers and good luck.
Ann: ADH Trading Update and Stores Re-opening, page-51
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Last
$1.96 |
Change
-0.030(1.51%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| $1.99 | $1.99 | $1.95 | $256.2K | 130.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 18792 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 2492 | 4 |
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| Last trade - 11.20am 14/10/2024 (20 minute delay) ? |
| ADH (ASX) Chart |