The reason for the downward SP is they did $17.4m contract work for Upstream Production Solutions with TOGA [TIMOR SEA OIL & GAS AUSTRALIA PTY LTD] which entered voluntary admin on 20th sep2019. So will they get paid much of that? Will it affect profits? However, $17.4m divided by the share issue of 153.62m = $0.11 per share. So 11 cents per share of revenue might go. This may lose a few cents of profit? I don't think it will be too bad. Given that the SP has come down more than 20 cents, I feel it is safe to start accumulating. SP may still go down more. How much I don't know. Long term I feel this company is okay.
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Last
$2.15 |
Change
-0.030(1.38%) |
Mkt cap ! $358.8M |
Open | High | Low | Value | Volume |
$2.20 | $2.20 | $2.12 | $828.1K | 385.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 389 | $2.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.17 | 379 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5043 | 2.140 |
3 | 46629 | 2.120 |
5 | 19974 | 2.110 |
10 | 36955 | 2.100 |
1 | 15000 | 2.090 |
Price($) | Vol. | No. |
---|---|---|
2.170 | 379 | 1 |
2.250 | 4000 | 1 |
2.260 | 10000 | 1 |
2.290 | 16182 | 4 |
2.300 | 12228 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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