I think this is a good announcement but from my experience you will have to be patient and focus on the longer term with these type of businesses that are transitioning to subscription based models. I held RUL for a long time and it took the market a while to start recognising the quality of their earnings when moving to subscription from capital licences.
Ann: FY24 Guidance Update - Subscription Transition Accelerates, page-8
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $86.93M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 37.0¢ | $13.56K | 36.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1078 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 59643 | 2 |
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| Last trade - 15.36pm 01/08/2025 (20 minute delay) ? |
| M7T (ASX) Chart |