I think there might be a need to temper the exuberance. Revenue over the last 3 half years has gone from $51.0m to 55.5m and a forecast of 61.5m for this half. So revenue growth is around 20%pa. Good but not at the rate that would double the price in 6 months. I think 2- 3 years is much more realistic, much as I would love to see it happen more quickly. I think the market sees it more in these terms. That is why there has been a pull back over the last 6 months rather than setting new highs every month.
We need to be patient - its a good company and will get there.
Ann: Investor Strategy Presentation, page-54
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Last
$1.78 |
Change
-0.003(0.14%) |
Mkt cap ! $900.0M | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.81 | $1.76 | $530.4K | 297.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7067 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 2977 | 9 |
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| Last trade - 11.49am 10/09/2024 (20 minute delay) ? |
| SLC (ASX) Chart |