If I was that seller at 11 I would be taking the 10 and 10.5 cents on offer. Its a long way to the next offer at 4.
Mining servicing going to the dogs. Gladstone move and ill timed SA move creating further cash flow drains will send this far lower.
Only upside at the moment is companies reducing Capex expenditure should see demand in the near term improve for extending the life of existing equipment. Trouble is management has no clue about updating the market and its correlation to the share price.
Reg
managing growth, page-8
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Last
59.5¢ |
Change
0.035(6.25%) |
Mkt cap ! $69.47M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 60.0¢ | 56.0¢ | $115.0K | 202.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 608 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 40193 | 1 |
View Market Depth
| Last trade - 15.47pm 03/09/2024 (20 minute delay) ? |
| LBL (ASX) Chart |