Based on their forecast the gross profit margin increase this half is going to be very impressive (especially if they hit above guidance which is what they have done for the past few years). Not sure what the sellers are looking for here. They have shown that the step change in results in 2015 were not a one off, and we have had solid growth since. I think its cheap and should be closer to 90c. I have been adding where I can. Would be nice if they could do a juicy accretive purchase in their sector too (not an ASX listed purchase lol).
Ann: HIT Performance Guidance FY2017, page-9
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Last
$2.10 |
Change
-0.050(2.33%) |
Mkt cap ! $88.83M | |||
| Open | High | Low | Value | Volume |
| $2.10 | $2.10 | $2.09 | $12.20K | 5.822K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 2915 | 1 |
View Market Depth
| Last trade - 15.46pm 10/07/2024 (20 minute delay) ? |
| HIT (ASX) Chart |