Also, this is my simpletons perspective, to make money in the future you've gotta spend money in the present which will also affect the present profit. As long as the expenditure is spent wisely for future growth/profits/divs then all good, indications are that's happening. A reduced profit may have been a problem if investors were relying on a dividend as it would probably have been reduced, but MAQ haven't paid one since 2018, it's solely a growth stock at present.
Anyway, time will tell, GL and DYOR.
An article with a positive headline, only trouble is hardly anyone will get to read it lol: LINK
Ann: Full Year Results Announcement, page-13
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Last
$88.00 |
Change
1.010(1.16%) |
Mkt cap ! $2.268B | |||
| Open | High | Low | Value | Volume |
| $86.50 | $88.32 | $85.61 | $3.019M | 34.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 103 | $87.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $88.00 | 5 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MAQ (ASX) Chart |