There are some clear indicators that PPE are outperforming their competitors & the results delivered are due to macro factors rather than company management.
FY result is not that dissimilar to the one flagged in H1.
Company did state however that they are expecting the same conditions for at least the next 6 months, so not expecting a quick turnaround.
Disappointed that they felt the need to scrap the final dividend considering they have no debt covenant issues. I just hope that doesn't mean another acquisition is being lined up at such a low share price level.
There are some clear indicators that PPE are outperforming their...
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Last
75.0¢ |
Change
-0.005(0.66%) |
Mkt cap ! $78.88M | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.0¢ | 73.5¢ | $41.2K | 54.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21693 | 73.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 350 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| PPE (ASX) Chart |