You better all buy under $2 while you can...)
From Motley Fool last week..."Shares for software maker Gentrack Group Ltd (ASX: GTK) traded in the $6s and high $5s only a couple of years ago. As of Wednesday’s close, they were going for $1.755.
Shaw and Partners analyst Jules Cooper reckons Gentrack is “a quality business led by a credible team” that can return to glory.
“It is the darkest hour, and the stock is capitalising that into its valuation,” he told a Market Matters video.“We think this stock can more than double.”
The resurrection may have already started, with a positive financial update a fortnight ago pushing the shares up 7.6% on the day.
Market Matters chief James Gerrish agreed with Cooper. “We like this pick and believe you can play Gentrack with less than 10% risk, which is fairly conservative at this end of town.”
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Last
$9.40 |
Change
0.070(0.75%) |
Mkt cap ! $972.8M |
Open | High | Low | Value | Volume |
$9.43 | $9.60 | $9.35 | $278.9K | 29.39K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 884 | $9.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.53 | 232 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 884 | 9.400 |
1 | 322 | 9.370 |
1 | 320 | 9.330 |
1 | 54 | 9.300 |
1 | 325 | 9.260 |
Price($) | Vol. | No. |
---|---|---|
9.650 | 3000 | 1 |
10.000 | 400 | 1 |
10.200 | 980 | 1 |
10.950 | 200 | 1 |
0.000 | 0 | 0 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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