my "Guess" is that a complete restructuring of some departments within the business will/has began.
With the Royal Commission completed, and now with most financial institutions now impeding mortgage's and loans to customers with their aggressive borrowing calculations , Financial service/broker companies needs will be on the increase. hence why the report states undervalued.
So it may be a good time to purchase, but investors maybe looking at the RSI which is sitting around the 55%, and will be looking for 30% of under?
What I can see coming, page-3
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Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.64M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 32.0¢ | $13.00K | 40.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 138953 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 40170 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| CAF (ASX) Chart |