The only way from here is up.
Sales in this business are easily $700M p.a. at worst. It should be valued at 2 x sales at the very least.
Current valued at a 4% PAT margin. It could easily achieve a 10-20% PAT margin over time. 2.5 to 5 times upside in time is the minimum upside from here and shorters can enjoy the pain of covering when the next big boy enters the register.
I hope shorters upped their assault today as the pain only multiplies when the buyers enter. They will gradually drive the price up and leave shorters in their wake.
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- Ann: May 2021 Business Update
Ann: May 2021 Business Update, page-103
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Last
$4.49 |
Change
0.040(0.90%) |
Mkt cap ! $450.7M |
Open | High | Low | Value | Volume |
$4.46 | $4.58 | $4.41 | $1.721M | 381.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1845 | $4.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.50 | 5319 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 14931 | 4.500 |
17 | 7700 | 4.490 |
18 | 31615 | 4.480 |
9 | 5340 | 4.470 |
7 | 4175 | 4.460 |
Price($) | Vol. | No. |
---|---|---|
4.510 | 2760 | 25 |
4.520 | 6383 | 23 |
4.530 | 20346 | 16 |
4.540 | 9570 | 13 |
4.550 | 19107 | 12 |
Last trade - 13.45pm 15/07/2024 (20 minute delay) ? |
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