For all of you disappointed by Q2 this is a copy and past from my post on 17th April. Not a great Q but realistically roughly in line with what was possible.
"- I doubt they will have a profitable quarter this year; if you look at Q4 23 there were a lot of domestic orders as they announced shortly after 10/7. I don't think there has been one order announced this year yet, from anyone- I think there is a better than 50% chance that Q2, only 2 weeks old, will be below Q4 23 and whatever will be announced in the coming fortnight" (ie Q1)
No positioning or marketing will help this stock price. No chart channels either, as I had stated on here before too.
Orders = revenues = higher price on the exchange. Very simple equation.
Ann: Quarterly Activity Report and Appendix 4C, page-3
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Last
36.0¢ |
Change
-0.050(12.2%) |
Mkt cap ! $54.48M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 36.0¢ | $60.56K | 160.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8500 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 4000 | 1 |
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| Last trade - 15.57pm 01/08/2024 (20 minute delay) ? |
| ELS (ASX) Chart |