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1.67%

$8.82 audinate group limited

Ann: Share Purchase Plan documents dispatched to shareholders, page-38

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Michaelirish

24,174 Posts.

422

21/08/20

16:40

Post #: 46726102
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Originally posted by cyw: ↑

Ben Clark is a fund manager with TMS Capital. He was on Livewire today. May be AD8 is not all unloved afterall.
Audinate (ASX:AD8)
Vishal Teckchandani: Okay. It's that time of the episode where our guests reveal their two secret pandemic-resistant stocks. Ben, what have you got for me today?
Ben Clark (Buy): I'm going to go for Audinate, which has just done a raising. This is the globally number one player in digital media networking. So they supply a lot of the hardware and software that is needed for it. They have been hit by COVID, but they raised about $30 million bucks recently, and what they're going to be using those funds for is R&D to develop new products that is going to benefit the COVID environment. So, that's helping their customers deal with employees working remotely, customers buying remotely, online learning. They've got $50-odd million in cash on the balance sheet, their EBITDA positive, great management team, and they're growing eight times faster than their nearest competitor. Truly a great business.

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From ******

31.40.................https://www.******.com.au/media/the-call-friday-21-august?videoId=3632

AD8 Price at posting: $5.33 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $8.82		Change -0.150(1.67%)		Mkt cap ! $735.0M

Open	High	Low	Value	Volume
$8.90	$9.02	$8.80	$1.517M	171.1K

Buyers (Bids)

No.	Vol.	Price($)
1	2295	$8.82

Sellers (Offers)

Price($)	Vol.	No.
$8.87	732	1

View Market Depth

No.	Vol.	Price($)
1	2295	8.820
8	7843	8.800
3	5865	8.780
1	269	8.770
1	732	8.760

Price($)	Vol.	No.
8.870	732	1
8.890	732	1
8.900	732	1
8.920	732	1
9.000	985	1

Last trade - 16.10pm 18/11/2024 (20 minute delay)

AD8 (ASX) Chart

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