Quite a bullish/optimistic outlook statement given in the annual report out today. If the improved FY08 result materialises (and I expect that it will), and given that the share buy-back is likely to continue for some time (i.e., well into 08), ADA should produce a healthy return this FY from current (oversold) levels.
For those that keep track, my FY07 NAPT forecast of $6mill+ would have materialised had it not been for the one-off items (which I couldn't have predicted).
And, yes, my wife recently gave birth to a healthy baby girl (thank you to those who noted), and, yes, I have been changing many nappies!
decent gains likely over the medium term
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Last
47.5¢ |
Change
-0.005(1.04%) |
Mkt cap ! $36.58M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 47.5¢ | $7.745K | 16.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2332 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 600 | 1 |
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| Last trade - 12.38pm 25/07/2024 (20 minute delay) ? |
| ADA (ASX) Chart |