They mention updating guidance so that's obviously positive.
It's possible the original guidance was sandbagged to be very conservative, but ignoring history just looking at the current numbers...it's currently roughly a $200M company and they're flagging a $27-30M profit, that puts it on a pretty conservative PE and suggests the SP might climb from here.
Ann: Strategic Update, page-4
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Last
$1.34 |
Change
0.010(0.75%) |
Mkt cap ! $279.2M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.36 | $1.33 | $229.8K | 171.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2248 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 9687 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| SVR (ASX) Chart |