I thought NPAT of around 9-10M was priced in, however this is definitely below expectations.
With the cash balance I suppose SP won't move too much lower at this stage, like all spending cycles - this slowdown due to interest rates and cost of living rising will eventually end. This type of business has been around a while and will continue to be around in the future.
PK still has a very large financial interest in the future of DSK, I don't think him stepping down is a warning sign of the future unless he dumps his shares.
Ann: Trading Update, page-10
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Last
$1.17 |
Change
0.030(2.63%) |
Mkt cap ! $72.85M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.18 | $1.14 | $101.5K | 87.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8569 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 22000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| DSK (ASX) Chart |