Yes, after languishing at the bottom for a long time this stock has risen about 200% in a couple of months, albeit off a low base. The only trigger I can see is being fully cash flow positive in about six months, a new CEO and a new Chairman (the ex CEO of PME). Contract wins are continuing. I bought in several years ago at what must have been a high price because I am still underwater! It's a growth area for sure, so let's hope the good news continues!!
Ann: Market Update and Changes to Leadership Team, page-26
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Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $341.1M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 32.0¢ | $48.96K | 151.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 185480 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 1057790 | 21 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |