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
59.5¢ |
Change
-0.005(0.83%) |
Mkt cap ! $45.35M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 59.5¢ | 59.0¢ | $7.83K | 13.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12896 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 991 | 1 |
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| Last trade - 15.35pm 26/06/2024 (20 minute delay) ? |
| ADA (ASX) Chart |