On the basis of the Group's improved 2H03 performance and contract outlook I assumed improved EBITDA margin forecasts. Specifically, EBITDA margins progressively expanding to 7% to the FY07F. In my view, this assumption largely remains a leap of faith given ERG's track record although the company has clearly made positive progress over the last 6-9 month period. The stock remains a high risk investment in my mind.
Forecast Target Price $1.15
On the basis of the Group's improved 2H03 performance and...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.451M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 219862 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 90000 | 1 |
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| Last trade - 16.12pm 02/08/2024 (20 minute delay) ? |
| ERG (ASX) Chart |
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