The market value of $18 per share was crazy on the back of a covid boosted year (for minelab anyway)... as if them good times would keep rolling on. If a heap of people buy detectors this year, then that's a heap of people that won't be buying detectors in the next two years
The comms side of the business is boring, but that's where you'll find an A grade business, stable growth, good margins steady as she goes. The detection business is volatile and batshit crazy... it's a sideshow
Ann: 2022 AGM - Chairman's Address and CEO's Address, page-20
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Last
$11.92 |
Change
-0.350(2.85%) |
Mkt cap ! $2.154B | |||
| Open | High | Low | Value | Volume |
| $12.24 | $12.24 | $11.85 | $925.6K | 77.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24 | $11.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.93 | 479 | 8 |
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| Last trade - 11.46am 11/07/2024 (20 minute delay) ? |
| CDA (ASX) Chart |