Not much value has been created for long-term shareholders over the last few years due to share dilution. Revenue has increased but so has the shares on issue as well. However, now I see a major turning point. The hard-work over the last couple of years is starting to payoff. This is by far the most impressive update released by the company. It looks like organic growth is in the hot seat and surprisingly an operating profit expected in FY24.
Looks like I won’t be selling my shares anytime soon….
Ann: Q1 FY24 Trading Update, page-11
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24.0¢ |
Change
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Mkt cap ! $69.35M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 23.5¢ | $21.05K | 89.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 116575 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 62506 | 2 |
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| BMT (ASX) Chart |