since buying this last year i realised this is not the most exciting business. I mentioned before, as long as more units are deployed, the revenues will be relatively be predictable as the business model is based on MMAP for 5 years. which then would mean the the profit announced was not a surprise anymore. there is also very low coverage from analyst. Just listened to The Call for ****** today and both analyst where not aware of this business.
there are also just about 64M shares on issue so yeah not a lot to go around like the mining industry being in the billions. as for Australian Super, in the notice for initial substantial holder announced 07/08/23, they seem to just kept on buying what is on the sell side which pushed the price up.
since buying this last year i realised this is not the most...
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Last
$5.68 |
Change
0.010(0.18%) |
Mkt cap ! $653.2M | |||
| Open | High | Low | Value | Volume |
| $5.68 | $5.68 | $5.68 | $7.844K | 1.381K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 107 | $5.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.75 | 5000 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| C79 (ASX) Chart |