5GN was oversold on the last quarterly as the result was fairly average after a number of previous solid quarters. The share price then rebounded after the announcement that Jason Ashton, who had an amazing track record building BigAir (a leader in the wireless sector), was appointed as a director. I think this quarter could be key and if its good the share price will rocket over $1. Last quarter they could have been a bit distracted with the integration of some very large acquisitions. I personally think the bad news has been priced in with large upside if the result is positive. Warren Buffet thinks quarterlies should be banned and that you should never judge a business on one quarter. Personally I think sometimes they bring up great buying opportunities.
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.8¢ | 14.5¢ | $14.50K | 99.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1828966 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 3419686 | 23 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |