Fantastic presentation by Mike about 2022 and spoke confidently about 2023.
But I have a couple of risk factors.
- Consider major wins are not a free hit they have to convert their pipeline at 1 in 3 and that becomes even more vital at the bigger tenders end due to weighting, so this could create concentration risk.
- Central bank rates are just days into a new phase of higher rate expectations which will hurt the same sectors affected in H1.
Combine this with technicals still in a downtrend and my guess is there will be a cheaper opportunity (say 50-55c if pushed for specifics) in coming months.
Fantastic presentation by Mike about 2022 and spoke confidently...
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $86.93M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 37.0¢ | $13.56K | 36.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1078 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 59643 | 2 |
View Market Depth
| Last trade - 15.36pm 01/08/2025 (20 minute delay) ? |
| M7T (ASX) Chart |