I'm back in at 63.5 c with a small position. Nothing real surprising in the report. Big increase in deprec/amortisation and wages - as expected- so yes, a lower NPAT results. A real lack of buyers out there. SP down today but not on large volume. It's concerning that any large volume could see a collapse of the price given the low liquidity.
But buying/holding KME now isn't a lay down misere. We will be relying on the management to pull off the investment in growth.
Ann: Investor Update February 2023, page-6
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Last
33.5¢ |
Change
0.010(3.08%) |
Mkt cap ! $19.04M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.5¢ | 33.0¢ | $5.329K | 16.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14499 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 2817 | 1 |
View Market Depth
| Last trade - 10.40am 24/07/2024 (20 minute delay) ? |
| KME (ASX) Chart |