Brightoil... and others please remember that cost structure of CTT is very very low per unit sold and inflation hitting markets is actually a beneficiary .. as CTT costs remain very stable compared to the high wage bills of stores wages rising and the cost of Storage rising .
The buyers of CTT products are in that range who hold property and other assets that go up in value during inflation .. so any inflationary effects will have very very small effects on the rapidly expanding sales and the profit growth of CTT.
International markets had run too hard and an adjustment is in process ., but futures are strongly up in the USA induces this morning so negative adjustments may have run most of their course.
As others and myself have pointed out Relative to the enormous revenue growth and profit growth and its very low cost structure CTT even on a 6 month view is a very cheap stock.
Any pull backs in price will just come
shooting straight back like the stone on the pull back and release from a catapult.
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Last
$1.85 |
Change
-0.075(3.91%) |
Mkt cap ! $703.3M |
Open | High | Low | Value | Volume |
$1.92 | $1.92 | $1.79 | $7.809M | 4.222M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19789 | $1.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.86 | 506 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17289 | 1.845 |
1 | 22471 | 1.840 |
1 | 600 | 1.835 |
2 | 7599 | 1.830 |
1 | 1000 | 1.825 |
Price($) | Vol. | No. |
---|---|---|
1.855 | 506 | 1 |
1.860 | 5000 | 1 |
1.865 | 20300 | 2 |
1.875 | 31000 | 2 |
1.880 | 10000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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CTT (ASX) Chart |