The world will continue to look for efficiencies to reduce cost and more so when there is less wealth. The restriction of travel will make high quality audio and video more important as people will still need to to connect and collaborate. It will be key for the entertainment industry as well as other broadcasting and business channels.
AD8 is right in the pointy end of that.
Apple reached 2 Trillion in size and the question was asked, "Who will be part of the next group of companies to be used by people in their everyday lives like Apple, Facebook and others?" I expect anyone who can facilitate communication efficiently and at high quality will be in that mix.
SP may wobble now and again but the strategy is sound.
Also attractive for acquisition I might add.
All IMHO
GLTAH
Ann: Audinate strongly positioned to deliver on its strategy, page-8
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Last
$15.80 |
Change
0.320(2.07%) |
Mkt cap ! $1.309B | |||
| Open | High | Low | Value | Volume |
| $15.72 | $15.88 | $15.63 | $990.8K | 62.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 200 | $15.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.80 | 86 | 3 |
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| Last trade - 13.18pm 17/07/2024 (20 minute delay) ? |
| AD8 (ASX) Chart |