Pretty strong results but not totally unexpected.
CDA was ridiculously sold down to $4 but that’s exactly what happens when u have 3 consecutive downgrades.
As mentioned Minelab back in business with nice growth now being accompanied by a diverse range of communication products will see steady growth which should see a gradual climb back over $20 over next 24 months.
Management down a decent job here with acquisitions & coming out the other end
Ann: FY24 Half Year Investor Presentation, page-22
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Last
$12.00 |
Change
-0.040(0.33%) |
Mkt cap ! $2.175B | |||
| Open | High | Low | Value | Volume |
| $11.95 | $12.01 | $11.90 | $4.095M | 342.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 770 | $11.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.00 | 8818 | 3 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| CDA (ASX) Chart |