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
$15.86 |
Change
-0.470(2.88%) |
Mkt cap ! $2.879B | |||
| Open | High | Low | Value | Volume |
| $16.21 | $16.33 | $15.83 | $5.484M | 343.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $15.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.89 | 130 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| CDA (ASX) Chart |