I am just trying to understand the decision of why ADH has to buy Mocka and FocusOn.
ADH is good at what they do with a bit of touch on small practical storage furniture, this is good for the overall look of their stores.
But touching full-scale furniture stores? Do they have enough human resources to support this business?
I am skeptical on the 20th trading update and see how it goes. Although am an ADH holder, I am always skeptical about how the decision was made.
They could have used the acquisition money to expend the business they are good at.
Any thoughts?
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Last
$2.07 |
Change
0.000(0.00%) |
Mkt cap ! $365.8M | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.08 | $2.05 | $124.4K | 60.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7646 | $2.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 6645 | 5 |
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| Last trade - 10.35am 29/07/2025 (20 minute delay) ? |
| ADH (ASX) Chart |