I had a quick read of the report and my opinion is as follows. The company hasn't grown fast enough or cut costs fast enough. Signs are improving so will have to see future reports. Liabilities are increasing and need to translate into revenue growth when receipts are collected over the next 12 months, otherwise the shareprice will be smashed.
No idea how the market will react, it's neither stellar nor terrible. However, I had expected slightly better.
I had a quick read of the report and my opinion is as follows....
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Last
$2.05 |
Change
0.010(0.49%) |
Mkt cap ! $533.6M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.05 | $2.04 | $51.78K | 25.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 5248 | 6 |
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| Last trade - 10.33am 26/07/2024 (20 minute delay) ? |
| CAT (ASX) Chart |