Hi - I am a shareholder from GER and bought this company because I thought that it is cheap. Now it is even cheaper...
It seems, that the reason for the heavy decline in the shareprice today is the bad result of the Construction and Maintenance division in the first half of this year. The report says:
"Revenue decreased 4% to 71.3 million and segment result was down 62 % to 3.4 million. The delay in winning significant project work during the first half......."
Hmmm - if they don't get work during this historic resource boom, when will they ? Or is it just a delay and we face a huge buyiung opportunity ? The market seems to be shocked. Who has more insight ?
Hi - I am a shareholder from GER and bought this company because...
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $31.71M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.5¢ | $394.7K | 3.610M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 178160 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 214610 | 5 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RCR (ASX) Chart |