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
33.0¢ |
Change
0.010(3.13%) |
Mkt cap ! $25.18M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 32.0¢ | $56.15K | 172.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 62403 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 8511 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| ADA (ASX) Chart |