and just like that they've upgraded their EBITDA forecast by nearly 50% in just a few months.
While a $95m EBITDA forecast is far from surprising to me (I was just talking about expecting a hefty upgrade to EBITDA just 5 days ago!) the market reaction is surprising... share price only up 17% and the volume traded so far today isn't really that big either, yet earnings have just been bumped about 50%!? Bit of a disconnect, but anyhow, at least it is heading in the right direction!
I would like to say we'll soon easily be over $1, but Mr Market might need to wake up a bit more before this happens so I can't see this happening terribly soon unfortunately.
Ann: EBITDA guidance increase / company update, page-5
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79.5¢ |
Change
-0.005(0.63%) |
Mkt cap ! $152.1M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 80.5¢ | 79.5¢ | $1.924K | 2.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18978 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 35499 | 2 |
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| BRL (ASX) Chart |