haha... i love that ... the thought of only releasing price sensitive announcements after the market close... mum and dad investors downloading each one once the kids have gone to sleep and deciding which one they should act on during their morning coffee break at work the next day !!!
Impossible to speculate on the cost side of this business given that the full impact of cost reduction wont be shown in this months results.
The scare of revenue shrinking in their core business seems to have disappeared. if revenue had shown a 5% to 15% drop... I dont think the share price wouldnt have dropped any lower than the 12.5c that it opened at. People have such a low expectation of this... that it really is priced for administration.
Taking a longer view... i think if the debt can be chipped away at over the next 4 months... by August this could potentially be closer to a 140m to 160m market cap
Additionally... i doubt anyone is still shorting this? Are they?
haha... i love that ... the thought of only releasing price...
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Last
36.0¢ |
Change
-0.015(4.00%) |
Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.0¢ | 36.0¢ | $1.697M | 4.526M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 367892 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 43868 | 3 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |