Somewhat leveraged to the Australian defence (ADF) industry, which is on a roll over the past couple of years, possibly thanks to China and the USA, oh ....... and Iran, Israel, North Korea, Afghanistan, Iraq, Nigeria etc. Australia's defence spending is increasing.
If Western Australia gets the national submarine maintenance contract, as it should, then this should also benefit DUR.
It was interesting to see them IPO during the pandemic, and I'm not sure how much the pandemic may have affected their revenue, the first public annual financial report will be interesting, and if it's good, as expected, with a dividend payout, then perhaps others in the market may take notice.
It's thinly traded, probably because directors and managers and corporates own 80% of the stock.
Gw
Ann: Market Update, page-6
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Last
$1.51 |
Change
0.055(3.79%) |
Mkt cap ! $373.8M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.53 | $1.45 | $1.905M | 1.270M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1680 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 10000 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| DUR (ASX) Chart |