I agree, the management have the right strategy & it's literally paying dividends.
SVR has a tiny % of the total potential market & is limited by it's financing not because it doesn't have the latest gimmicks to attract gen y customers etc.
I'm much happier for them to ccontinuously review their operations & improve processes to keep the ship running straight.
The focus on costs & the bottom line is 100% correct along with sound credit practices.
It's a testament to management that, so far, they haven't seen a worsening of bad debt provisions especially considering the market they operate in.
The only 1 blemish the management has had is in screwing up understanding the impact of the interest rates going up 3.25% in the previous accounting period.
Even that won't have a lasting impact on the business.
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solvar limited
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What is the future strategy of Solvar?, page-3
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Last
$1.60 |
Change
-0.005(0.31%) |
Mkt cap ! $310.4M |
Open | High | Low | Value | Volume |
$1.60 | $1.64 | $1.58 | $244.2K | 150.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | $1.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.63 | 5303 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 1.565 |
1 | 10000 | 1.550 |
1 | 649 | 1.540 |
1 | 1386 | 1.520 |
1 | 1000 | 1.510 |
Price($) | Vol. | No. |
---|---|---|
1.630 | 5303 | 1 |
1.640 | 13232 | 1 |
1.650 | 53167 | 3 |
1.660 | 3875 | 2 |
1.665 | 11920 | 1 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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