The contraction from 60 to 58% on GPM is disappointing. Though I think some degree of contraction could be expected on the declining revenue alone. I imagine overheads would not have changed and with some 17m in inventory on the FY2017 report a fall in amalgam sales may cause a resulting inventory build up - this will be worth watching perhaps.
The ultimate question is has this reduced the value of the company by more or less than the 20% fall in EV today? I notice that @madamswer has reduced his sentiment to a hold. Having been burnt doubling down in situations such as this I am just sitting tight.
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Last
88.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $104.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4875 | 86.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 13223 | 1 |
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| Last trade - 09.59am 30/07/2025 (20 minute delay) ? |
| SDI (ASX) Chart |
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