The market value of $18 per share was crazy on the back of a covid boosted year (for minelab anyway)... as if them good times would keep rolling on. If a heap of people buy detectors this year, then that's a heap of people that won't be buying detectors in the next two years
The comms side of the business is boring, but that's where you'll find an A grade business, stable growth, good margins steady as she goes. The detection business is volatile and batshit crazy... it's a sideshow
Ann: 2022 AGM - Chairman's Address and CEO's Address, page-20
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$12.03 |
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Mkt cap ! $2.181B | |||
| Open | High | Low | Value | Volume |
| $11.87 | $12.07 | $11.76 | $2.973M | 248.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 303 | $11.96 |
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| Price($) | Vol. | No. |
|---|---|---|
| $12.05 | 1829 | 2 |
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