Listened to the Investor Call this morning and three things stood out to me:
1. Anyone with half a brain could see that 2-3 years ago when AD8 couldn't get access to chips it was only a mater of time until the supply chain "elastic band" recoiled; the consequence being a serious acceleration of sales/supply.
2. The move to buy Silex is looking more and more like a winner!
3. Raised a good amount of cash (at what was at the time close to all time high prices) IMO the CEO knows what they need to buy next and going on prior form I am confident any future acquisition will be done studiously and just as with Silex, add value to the AD8 ecosystem.
Who doesn't want to own a MONOPOLY business!!!
Ann: Audinate delivers record revenue & EBITDA in 1H24, page-50
Add AD8 (ASX) to my watchlist
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Last
$16.58 |
Change
0.430(2.66%) |
Mkt cap ! $1.377B | |||
| Open | High | Low | Value | Volume |
| $16.40 | $16.81 | $16.30 | $4.755M | 285.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1851 | $16.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.65 | 262 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
$16.67 |
Change
0.430 ( 2.85 %) |
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| Open | High | Low | Volume | ||
| $16.32 | $16.81 | $16.32 | 45867 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| AD8 (ASX) Chart |