The SP could be 10 cents or 70 cents -- it doesn't change the underlying financials of the company. However I'm cautiously optimistic that the next market update (or HY results) will justify a higher SP.
After all -- many of the previous expenses are over and done with and won't be in this reporting period. Also demand for medical scans isn't going anywhere. So unless there's been something really unexpected (or I'm missing something) I'm fairly sure we're looking at a profitable HY.
Where Capitol is lacking is keeping investors informed with market updates. A simple powerpoint presentation that says "thanks for your patience, hang in there, and this is how many scans we've done recently, etc".
The SP could be 10 cents or 70 cents -- it doesn't change the...
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $335.8M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.5¢ | $676.8K | 2.174M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 325773 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 459998 | 3 |
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| CAJ (ASX) Chart |