I wasn't expecting BMT to be down today on that update. Given the stock is already more than 50% down from the 2021 highs I would have expected 38% revenue growth and positive operating cash flow to have been good enough to at least hold the stock price constant. Couple that with managements commentary about their focus on achieving profitable growth, I'm surprised we have sellers today.
Ann: Q4 FY23 Trading Update, page-6
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Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $66.46M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.0¢ | $22.43K | 93.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 112255 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 49006 | 2 |
View Market Depth
| Last trade - 15.27pm 28/06/2024 (20 minute delay) ? |
| BMT (ASX) Chart |