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
$11.39 |
Change
0.710(6.65%) |
Mkt cap ! $2.065B | |||
| Open | High | Low | Value | Volume |
| $10.93 | $11.59 | $10.88 | $5.435M | 475.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1546 | $11.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.50 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
$11.45 |
Change
0.710 ( 7.23 %) |
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| Open | High | Low | Volume | ||
| $10.91 | $11.59 | $10.91 | 80116 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| CDA (ASX) Chart |