The results look good. I think there will still be selling in the short term on account of the prevailing market sentiment and increased rate of cash burn.
I think Tile needs to prove to the market that their revenues / earnings are of high quality. It will require a few more quarters of strong performance to do so. I think this will mostly depend on the supply chain issues being worked out and good to great integration with Life360's infrastructure.
The results look good. I think there will still be selling in...
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Last
$16.37 |
Change
0.120(0.74%) |
Mkt cap ! $3.640B | |||
| Open | High | Low | Value | Volume |
| $16.40 | $16.63 | $16.06 | $8.830M | 539.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2102 | $16.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.40 | 3217 | 2 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| 360 (ASX) Chart |