Yep, I agree on the context of this contract- not a huge addition to EBIT etc- and likely to be back loaded towards the end of the project. But all good.
The rallies from these sorts of contract wins are not long lived- usually. Its the revenue updates and guidance that drive this thing the most- with the spikes and slumps for major contract wins and AFP raids to add interest to the charts.
I do not give financial advice- but I reckon this could be a good stock for someone starting out. I have certainly learned a lot from holding this on and off since 2020. I read all the announcements- do background reading on the sector- I go back and examine my trading history here from time to time and think about what has worked and has not worked. But, not financial advice. I could easily have made so much more on this stock- or could have easily have lost shed loads. Some of the investing decisions here could have gone pear shaped but turned out well- it would be hubris and dangerous to think that it would work out well if I made some of those decisions again.
Starting to ramble. Too nice a day to be on Nabtrade- so off outdoors again- toodle puip.
IMHO DYOR
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$2.38 |
Change
0.010(0.42%) |
Mkt cap ! $862.7M |
Open | High | Low | Value | Volume |
$2.40 | $2.41 | $2.36 | $1.149M | 481.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 6415 | $2.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.39 | 4404 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 213 | 2.350 |
2 | 925 | 2.310 |
4 | 2803 | 2.300 |
3 | 17000 | 2.280 |
2 | 3022 | 2.260 |
Price($) | Vol. | No. |
---|---|---|
2.400 | 285 | 1 |
2.410 | 2000 | 1 |
2.420 | 5000 | 1 |
2.440 | 11500 | 1 |
2.450 | 14359 | 3 |
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