Back then, this was cheap as chips. Its balance sheet has always been strong and this is even more important for construction companies because that is the #1 killer of these types of companies. Management has also been very shrewd with their acquisitions evidenced by their recent Trivange acqusition.
At my cost basis of $0.49, this investment is generating a 10% yield. I'm not selling any time soon or anywhere at these prices. This looks like the start of a huge uptrend in terms of contract wins and growth. They are hooked onto two major tailwinds - green energy and data centres.
Ann: Trading Halt, page-42
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Last
$1.73 |
Change
0.045(2.67%) |
Mkt cap ! $455.3M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.74 | $1.69 | $442.5K | 257.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 809 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 12699 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SXE (ASX) Chart |