One of the brokers (Citi I think) correctly pointed out that with just 70 staff they have no levers to pull... they're not going to be making much, if any, money at these levels and they can't just do a big cost-cutting program to righten the shup - it's already very lean. Will be interesting to see what happens here. Not every day an $850M company deservedly halves in value is it?
One of the brokers (Citi I think) correctly pointed out that...
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Last
$1.47 |
Change
0.110(8.12%) |
Mkt cap ! $558.5M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.50 | $1.35 | $7.991M | 5.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 12124 | 2 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CTT (ASX) Chart |