Does anyone know what's going on with this stock?
The potential seems to be there until the CEO recently resigned and we also lost a major contract. However, whilst our profit might have dropped 30% does that really translate into dropping 60% in shareprice? from $1.50 to 65 cents? I mean, looking at forward PE wise, we are at about 9-10. sounds reasonable and the contracts are multi year long. Even if a recession did hit, people still need to train to become traffic controllers. Sure, the volume of travel might decrease. I can think of other stocks that are more exposed to recessions like Harvey Norman. Am I really far from the situation and cannot see what is actually happening?
@Adm1 Yes I think they'll only report during the annual report.
Does anyone know what's going on with this stock?The potential...
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Last
47.5¢ |
Change
-0.020(4.04%) |
Mkt cap ! $36.25M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.5¢ | 47.5¢ | $9.83K | 19.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5899 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 1087 | 1 |
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| Last trade - 15.31pm 01/10/2024 (20 minute delay) ? |
| ADA (ASX) Chart |