Pretty strong results but not totally unexpected.
CDA was ridiculously sold down to $4 but that’s exactly what happens when u have 3 consecutive downgrades.
As mentioned Minelab back in business with nice growth now being accompanied by a diverse range of communication products will see steady growth which should see a gradual climb back over $20 over next 24 months.
Management down a decent job here with acquisitions & coming out the other end
Ann: FY24 Half Year Investor Presentation, page-22
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Last
$15.80 |
Change
0.080(0.51%) |
Mkt cap ! $2.863B | |||
| Open | High | Low | Value | Volume |
| $15.90 | $15.98 | $15.70 | $1.728M | 109.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 251 | $15.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.80 | 77 | 4 |
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| Last trade - 13.12pm 04/11/2024 (20 minute delay) ? |
| CDA (ASX) Chart |