Not too sure why the market isn't happy with this result. It's pretty much in line with everything we have already been told. I expect people wanted to see positive NPAT. They go very close though, its not going to take to much more to get positive NPAT and once that final debt payment is gone. It should be smooth sailing.
I can see another $100+ million coming from Land 400, another $20+million coming from direct energy, chuck in another sneaking RWS contract and another EM solutions contract. That will result in a pretty amazing result for the full year.
Just my opinion.
Not too sure why the market isn't happy with this result. It's...
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Last
$1.58 |
Change
-0.215(12.0%) |
Mkt cap ! $310.6M | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.80 | $1.51 | $2.601M | 1.620M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 4507 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 9915 | 11 |
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| Last trade - 13.55pm 27/08/2024 (20 minute delay) ? |
| EOS (ASX) Chart |