I have always admired this company and made a modest amount investing in it, but in terms of executing on its growth strategy it has been a fail. You could blame COVID maybe, or the ill-timed acquisitions, either way it has been a slow burner of capital. I think it IPO'd at 50 cents, so a tripling for original holders. They have increased the shares on issue since IPO by 4 times, which makes a bit of a mockery of EPS, and the time it takes for this thing to get to a decent valuation. As it is, they have not made a profit yet.
It has traded annoyingly in this range, never threatening to break out except for on one or two occasions. Maybe this is another one of those, but we will wait and see. GLTA!
I have always admired this company and made a modest amount...
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Last
$1.79 |
Change
0.065(3.77%) |
Mkt cap ! $467.3M | |||
| Open | High | Low | Value | Volume |
| $1.71 | $1.85 | $1.71 | $1.452M | 816.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1231 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 14000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$1.82 |
Change
0.065 ( 5.59 %) |
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| Open | High | Low | Volume | ||
| $1.72 | $1.84 | $1.71 | 33013 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| CAT (ASX) Chart |