Think the market reaction was harsh. The key metric for this business is the number of Dante enabled products, which is at 1,946 (up from 1,751 as at 31 Dec 18, and 1,820 as at 31 Jan 19). If you extrapolate that number to 2H19, you arrive at ~2,150 as at 30 Jun 19. This is a healthy increase of ~22% from 31 Dec 18 and in-line with historical growth rates.
The business is tracking according to plan, stay the course and think about using this as a good buying opportunity.
Think the market reaction was harsh. The key metric for this...
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Last
$15.83 |
Change
0.160(1.02%) |
Mkt cap ! $1.315B | |||
| Open | High | Low | Value | Volume |
| $15.76 | $16.13 | $15.74 | $4.614M | 290.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 305 | $15.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.86 | 405 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AD8 (ASX) Chart |