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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Last
$10.80 |
Change
-0.120(1.10%) |
Mkt cap ! $1.978B | |||
| Open | High | Low | Value | Volume |
| $10.93 | $11.05 | $10.79 | $1.654M | 151.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1730 | $10.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.87 | 1730 | 3 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$10.81 |
Change
-0.120 ( 1.42 %) |
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| Open | High | Low | Volume | ||
| $10.94 | $11.05 | $10.80 | 32102 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| CDA (ASX) Chart |