Shaw & Partners have said that the 30% fall is an over reaction due to the potential slight delay in FY24 deployment targets reflects customer readiness factors and does not signal a change in demand profile. With 85M cash and 95M undrawn debt.C79 is in a strong position to execute its strategy.
C79 remains a top pick in the technology sector for them and reiterates buy with a SP target of $7.70.
Their words not mine. Don't shoot the messenger.
Shaw & Partners have said that the 30% fall is an over reaction...
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Last
$5.52 |
Change
0.030(0.55%) |
Mkt cap ! $434.8M | |||
| Open | High | Low | Value | Volume |
| $5.51 | $5.60 | $5.47 | $1.756M | 319.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 884 | $5.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.52 | 475 | 7 |
View Market Depth
| Last trade - 10.53am 02/05/2024 (20 minute delay) ? |
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Last
$5.52 |
Change
0.030 ( 0.72 %) |
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| Open | High | Low | Volume | ||
| $5.53 | $5.60 | $5.46 | 4997 | ||
| Last updated 11.13am 02/05/2024 ? | |||||
| C79 (ASX) Chart |