Seems to be fully priced based on present earnings at a PE 21. I would think it trades within a range of 0.86-0.94 for a while as earnings continue to tick up. This is a nice and steady as she goes type of company (bottom draw). Good technology, continuing to grow market, but hamstrung like all industries that are labour and equipment intensive. The potential cherry for price acceleration might be if the licensing suddenly accelerates.
Ann: Change in substantial holding, page-4
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Last
70.0¢ |
Change
0.005(0.72%) |
Mkt cap ! $81.72M | |||
| Open | High | Low | Value | Volume |
| 70.5¢ | 70.5¢ | 69.0¢ | $64.38K | 92.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5827 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 10842 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
70.0¢ |
Change
0.005 ( 0.72 %) |
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| Open | High | Low | Volume | ||
| 69.0¢ | 70.0¢ | 69.0¢ | 2579 | ||
| Last updated 15.39pm 14/06/2024 ? | |||||
| LBL (ASX) Chart |