MND is a contractor and at best its gaining enough new work to cover work completed. The spike in 1Hfy18 revenue was exactly that... a spike. Management has stated this more than once. Can't grow the bottom line without top line expansion... esp when margins are smaller than previous years. As i stated weeks ago... i see the SP staying in the 13-16 dollar range. Needs a massive win to drive SP and maintain SP above $16.
Ann: Contracts Update, page-156
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Last
$12.00 |
Change
-0.330(2.68%) |
Mkt cap ! $1.173B | |||
| Open | High | Low | Value | Volume |
| $12.00 | $12.18 | $11.83 | $7.808M | 650.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1315 | $11.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.05 | 263 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MND (ASX) Chart |