The risks were flagged clearly at the AGM. They stated "Risks: temporarysales deferralsand currencyswings may mean1H revenue andNPAT less thanpriorcorrespondingperiod".
Given management and the companies track record, I will assume this is a temporary glitch. I suspect the share price will be dragged down further until more clarity is given but could provide a great buying/top up opportunity until then.
Long term holders will know Steven Killelea's reasons for selling down his position for a number of years now. It is not due to the underlying performance of the business.
The risks were flagged clearly at the AGM. They stated "Risks:...
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Last
63.0¢ |
Change
0.015(2.44%) |
Mkt cap ! $111.7M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 63.0¢ | 60.0¢ | $86.72K | 143.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22611 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 11569 | 2 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| IRI (ASX) Chart |