Probably because most people are not in for the long term. Covid delayed closing the deals, so with a longer sales cycle there is less revenue. Demand is still strong and growing, they expect increasing demand. If this is right then growth will eventually return. However this only makes it attractive for long term investors.
I think February is a too little optimistic, this time next year definitely. Meanwhile I am happy to hold ,{ plenty of cash and no interest bearing debt) plus the drp is a nice added bonus.
Probably because most people are not in for the long term. Covid...
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Last
$1.35 |
Change
-0.025(1.82%) |
Mkt cap ! $603.0M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.37 | $1.34 | $531.4K | 393.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1492 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 3922 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.35 |
Change
-0.025 ( 1.24 %) |
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| Open | High | Low | Volume | ||
| $1.36 | $1.37 | $1.34 | 50473 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| BVS (ASX) Chart |