At some point it starts to make sense to start positioning for the US$6-8m in EBITDA for next year. At current exchange rates that is AU$9-12m.
I'm maybe too soon but didn't want to miss it as if I look at where the stock has traded before when they printed similar numbers and it was a lot higher.
In FY17 ADA reported $9m of EBITDA and the stock ranged between $2-3.
This maybe gives a guide of what is possible if they can hit their numbers.
At some point it starts to make sense to start positioning for...
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Last
46.0¢ |
Change
-0.010(2.13%) |
Mkt cap ! $35.06M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 46.0¢ | $26.44K | 56.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22661 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 28612 | 1 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| ADA (ASX) Chart |