That is all fair enough I suppose
Don't get me wrong, I have no particular axe to grind with this stock but i have taken a pretty good look at it as well.
My main concerns are that they do not hedge their fx exposure (not 100% sure on
this) They operate with very narrow margins say 10% to be generous.....well if the currency falls 15% (as it has) you know what happens then.
But like all these things I am sure there will be a decent time to buy it. They downgraded heavily in January.... in my experience, there is rarely only 1 downgrade.
On the positive side the new CEO seems somewhat better than the last one and I don't believe they have any debt
That is all fair enough I suppose Don't get me wrong, I have no...
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Last
$3.11 |
Change
0.010(0.32%) |
Mkt cap ! $116.0M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.12 | $3.09 | $36.96K | 11.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1098 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.11 | 619 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| TRS (ASX) Chart |