Don’t think it to do with small caps, more that they have lost credibility. Last year in August 2023 they announced a couple of poor updates with an earnings downgrade and a write down of inventory.
They have been a terrible performer since IPO. Any holder who’s been here since then has seen a dismal return compared to the asx 200. 2016 to now, asx 200 is up 40% and Ahx down more than 60%.
The only positive is the last half yearly is improving and they seem like they’re heading in the right direction by consolidating performance and stopping their acquisition spree.
Debt levels, page-5
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $68.03M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 37.5¢ | 37.5¢ | $1.522K | 4.058K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 733 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 7595 | 1 |
View Market Depth
| Last trade - 09.59am 31/07/2024 (20 minute delay) ? |
| AHX (ASX) Chart |