I suspect one of the reasons for the share price performance was the growth in the second half compared to the first, market might have doubts on continued growth?? I also note they had $22.4m in advance payments, this paints a slightly different picture on cashflow/debt. Its ok as long as they keep getting orders but any slowdown will see the advance payments unwind and debt increase. Good result in a market that is still going strong BUT we are due for a cycle slowdown at sometime.
I suspect one of the reasons for the share price performance was...
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Last
55.0¢ |
Change
-0.065(10.6%) |
Mkt cap ! $322.6M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 46.0¢ | $4.443M | 8.091M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31542 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 21593 | 2 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| ANG (ASX) Chart |