Well said mate - price action and a hot property market indicates a decent likelihood of solid results. Market cap is still under $100mil and company is probably holding over $20mil in cash based on previous commentary. Given the company previously alluded to a dividend being paid, I'd say we're a pretty decent chance of getting one with the half year results (although would prefer a buy back or acquisition personally). Volume and price action has also been slow and steady, indicating to me that the share price has further to run, especially with the tailwind of positive results. If market cap breaks into ASX200, I would expect another boost as instos will have mandate to buy. Interesting times for sure!
- Forums
- ASX - By Stock
- Ann: McGrath announces $10 million EBITDA Turnaround
Well said mate - price action and a hot property market...
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEA (ASX) to my watchlist
(20min delay)
|
|||||
Last
61.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.89M |
Open | High | Low | Value | Volume |
61.5¢ | 61.5¢ | 61.0¢ | $380.7K | 619.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 750554 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.5¢ | 419221 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 846718 | 0.610 |
7 | 1844756 | 0.605 |
3 | 1134135 | 0.600 |
1 | 1000000 | 0.595 |
1 | 200000 | 0.590 |
Price($) | Vol. | No. |
---|---|---|
0.615 | 926528 | 10 |
0.620 | 40000 | 3 |
0.625 | 20000 | 1 |
0.630 | 2000 | 1 |
0.650 | 8000 | 1 |
Last trade - 15.26pm 07/06/2024 (20 minute delay) ? |
|
|||||
Last
61.0¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
61.0¢ | 61.0¢ | 61.0¢ | 137796 | ||
Last updated 15.26pm 07/06/2024 ? |
Featured News
MEA (ASX) Chart |