Its not a very significant contract relative to overall expected sales. Forecast revenue is around $1.5B and this $250m contract spread over 5 years contributes $50m revenue per annum. So it's about 3.3% of expected revenue.
But, its really great to see some news flow and a win. I think it will provide a bit more interest in the stock, that I believe on an eps basis is undervalued (current eps 3.1cents).
I just bought some more at 23.5c.
Ann: Preferred contractor for $250 million Foxleigh project, page-5
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $614.1M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.8¢ | 27.5¢ | $408.1K | 1.442M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 279158 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 169854 | 18 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| MAH (ASX) Chart |