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52.5¢ ntaw holdings limited

not sure what happened around close, but it appears that all the...

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SteveSage

2,788 Posts.

1011

15/03/24

19:01

Post #: 72912854
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Originally posted by SteveSage: ↑

We were at these levels ~mid 2020 when the business with ~25% of current sales was still managing to generate NPAT of ~$4-5 per annum even when FX rates had moved materially against them.

Covid was an artificially inflated period for them, but they seem to have come out of it a little bloated and less profitable (plus macro factors like FX rates and competitive pressures have not helped). I does appear that they are trying to address the issue (less discounting, closing loss making stores, this dunlop deal), but it also appears that there is a significant shareholder/s who have had their shares up for sale around the 48-51c mark with little demand to break through that volume of shares for sale.

I don't think there is any catalyst for a change anytime soon so we might be in this holding pattern for some time......although if they come out and indicate the Dunlop deal has started (1 April) and give a 1Q update, that would be helpful reminder to the market of what the business is doing

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not sure what happened around close, but it appears that all the sell volume disappeared between 50-59c and someone managed to match a trade at 54c.......which resulted in quite a jump from the 49.5c it was trading at just before 4pm

strange

NTD Price at posting: 54.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 52.5¢		Change 0.000(0.00%)		Mkt cap ! $70.42M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	1	52.5¢

Sellers (Offers)

Price($)	Vol.	No.
52.5¢	16	1

View Market Depth

No.	Vol.	Price($)
1	1	0.525
1	27609	0.515
1	19607	0.510
1	30000	0.505
4	49068	0.500

Price($)	Vol.	No.
0.525	16	1
0.540	84927	2
0.550	20000	1
0.580	84000	1
0.600	15455	1

Last trade - 07.02am 29/04/2024 (20 minute delay)

NTD (ASX) Chart

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