Over the weekend with my friends we did a vote count on this stock.
Buy = 3
Short = 1
Wait = 6
Margins in this business is very tight and the Capex is ongoing, it still has some safety in valuation for investors.
I really don't like maintenance capex trajectory I must say.
I'm going to wait for some chart formation now.
Can anyone please explain here this part ?
"In FY20, CoS increased by $9.4 million (6%) to $164.5 million partly driven by the associated costs to deliver new
contract wins"
Contract Wins + IPO + External Labour (6% up)
What about reduced variable expenses?
Like how much do they need to spend for contract wins and why so?
buy or pass?, page-9
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Last
76.0¢ |
Change
-0.023(2.88%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 79.5¢ | 79.5¢ | 75.5¢ | $27.08K | 35.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7374 | 76.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 11771 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MLG (ASX) Chart |