I think you will find the profit margin is near 5%. That is low and leaves no room for error which is what has been happening by underpricing competitors to gain/keep contracts. Because they have low margins they are also cutting corners and hence legal problems.
This stock has a high chance of turning around, assuming a positive economic environment, however if we are now starting GFC 2 and continue with bad government policy/mismanagement then it can go down to the teens.
Also, if Abbott wins the next election he has already stated the NBN will be dead and there goes a lot of upside to this stock.
I think you will find the profit margin is near 5%. That is low...
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Last
$1.91 |
Change
0.010(0.53%) |
Mkt cap ! $1.176B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.91 | $1.89 | $2.632M | 1.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15504 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 63558 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| SSM (ASX) Chart |