Agree crab hunter, the share price ran too strong, the directors cant be seen selling too many, but like anyone wont pass up an opportunity to make a buck, so in some ways their actions confirm the price is above expectations of fair value.
I also note profit margin is around 3.8%. Its got very tough of late as mentioned in a previous post I made, so wouldn't be surprised if latter tenders are priced at 2% or less and therefore screams alot of risk if doesn't go your way. I'll buy back but only at much less of a valuation.
Agree crab hunter, the share price ran too strong, the directors...
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Last
$1.25 |
Change
0.045(3.73%) |
Mkt cap ! $310.4M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.26 | $1.20 | $1.166M | 947.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6322 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| DUR (ASX) Chart |