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.”
You better all buy under $2 while you can... :-))From Motley...
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Last
$9.25 |
Change
-0.150(1.60%) |
Mkt cap ! $958.3M | |||
| Open | High | Low | Value | Volume |
| $9.40 | $9.40 | $9.22 | $99.78K | 10.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 556 | $9.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.26 | 1127 | 4 |
View Market Depth
| Last trade - 10.59am 21/06/2024 (20 minute delay) ? |
| GTK (ASX) Chart |