Had to buy - their past ROE has been phenomenal, and they have survived a perfect storm - if they get back to similar returns to what they have achieved in the past, then the SP will be back to $3 or so I suspect. Will not hold my breath however, but I do think their prospects for a rebound might be far better than what is suggested by the current SP.
And I do believe there will be a lot of interest in the new detectors too.
Ann: Press Release - Minelab unveils GPZ 7000, page-6
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Last
$14.81 |
Change
0.205(1.40%) |
Mkt cap ! $2.647B | |||
| Open | High | Low | Value | Volume |
| $14.61 | $14.85 | $14.37 | $5.394M | 369.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 211 | $14.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.81 | 210 | 8 |
View Market Depth
| Last trade - 15.11pm 12/09/2024 (20 minute delay) ? |
| CDA (ASX) Chart |