They have announced higher spending on automation and other inhouse technology to reduce costs. I suspect previous investors were burnt badly from earlier poor management decisions and are gun-shy. As they have an incredibly strong balance sheet CAA could buy market share cheap when the downturn eventuates. If an economic downturn eventuates I think this company is actually in a strong position to export if the AUD falls as well. Time will tell. DYOR
They have announced higher spending on automation and other...
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Last
$9.43 |
Change
-0.120(1.26%) |
Mkt cap ! $162.3M | |||
| Open | High | Low | Value | Volume |
| $9.57 | $9.60 | $9.40 | $43.02K | 4.512K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 693 | $9.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.60 | 408 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CAA (ASX) Chart |