I picked up 50K of these for a dollar a week ago.
The lower dollar will add at least 10% to the bottom line alone going forward. Not many companies on the ASX have 95% of revenues in $US.
I'm expecting a 20% increase in profit for FY14 and will now become a potential take over target for a big US IT/software company or private equity with the lower $A.
Why buy blue chips when you can pile into something like this.
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Last
62.5¢ |
Change
0.045(7.76%) |
Mkt cap ! $109.1M |
Open | High | Low | Value | Volume |
58.5¢ | 64.0¢ | 57.5¢ | $412.8K | 679.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2691 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.5¢ | 3969 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2691 | 0.610 |
1 | 2000 | 0.605 |
2 | 10122 | 0.600 |
1 | 16660 | 0.595 |
1 | 35000 | 0.585 |
Price($) | Vol. | No. |
---|---|---|
0.625 | 3969 | 1 |
0.630 | 3993 | 1 |
0.635 | 6493 | 2 |
0.640 | 5993 | 2 |
0.645 | 8543 | 3 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
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