Yes, management seem very confident about FY08. Sellers are beginning to thin as Buyback continues and has still has a long way to go. As I said in an earlier post of mine, my opinion is that this stock has been oversold and will resume a long term uptrend shortly.
A stronger foothold in the european market may produce further contracts and increased revenue. I don't like to ramp but this is a good buy at these levels.
decent gains likely over the medium term, page-2
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Last
60.5¢ |
Change
0.005(0.83%) |
Mkt cap ! $46.11M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 61.0¢ | 60.0¢ | $30.88K | 51.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10166 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 3915 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ADA (ASX) Chart |