Management stressed that their base, repeat business has increased & it's the cyclical high margin business that's at a low point due to lower economic confidence.
So yes, a good time to buy depending on how long it takes to turn confidence around.
Once interest rates start being cut later in the year IMO we'll see a recovery in business confidence picking up pace in early 2025 (H2 FY25)
Management stressed that their base, repeat business has...
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Last
92.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $96.10M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 92.0¢ | 91.0¢ | $135.2K | 148.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12146 | 90.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 9965 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
91.0¢ |
Change
0.000 ( 1.62 %) |
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| Open | High | Low | Volume | ||
| 92.0¢ | 92.0¢ | 91.0¢ | 3239 | ||
| Last updated 12.41pm 14/05/2024 ? | |||||
| PPE (ASX) Chart |