This stock was one where one of the Intelligent Investor analyst's recommended a year ago. The issue seems to be here that they are short of capital and although they are winning contracts the expenses are very high as well. I think this is the reason the bidders lowered their offers. The upfront costs of a contract win are big. I have taken a small position to give me the option to buy more in a capital raise The software is good and the medium/long run is good.
This stock was one where one of the Intelligent Investor...
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Last
$5.06 |
Change
0.100(2.02%) |
Mkt cap ! $157.7M | |||
| Open | High | Low | Value | Volume |
| $4.95 | $5.06 | $4.95 | $68.41K | 13.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1267 | $4.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.10 | 1137 | 1 |
View Market Depth
| Last trade - 15.57pm 09/07/2024 (20 minute delay) ? |
| EOL (ASX) Chart |