I'm out.
The share price has definitely fallen out of the bottom upwards channel, and I've had it said to me on reasonably good authority by someone connected to the company that they're losing NZ market share to a competitor. This is their home market and should be their bread and butter.
I get the impression 13% growth is going to be a hard sell if they've got to also make up for going backwards at the same time.
Ann: EROAD Quarterly Operational Update, page-5
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Last
$1.14 |
Change
-0.070(5.79%) |
Mkt cap ! $213.2M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.21 | $1.14 | $31.67K | 26.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35000 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 1797 | 1 |
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| Last trade - 15.53pm 05/07/2024 (20 minute delay) ? |
| ERD (ASX) Chart |