Historically June 30 is an up day and today is also looking good. Plus I think most people would have made money on this one (I did). More likely to go down after the EOFY as profit takers leverage down.
There would have to be substantial growth in revenue for them to be cashflow positive next quarter. This is SMA we are talking about. If they had that sort of growth we would know about it.
At the end of the day, long term this stock is pointing down hard it needs a big event to turn it.
Looking forward to the next ann though. Good luck.
HSBC nearly doubles holding in SMA, page-81
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $30.44M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.5¢ | $11.33K | 63.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 71347 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 52656 | 2 |
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| Last trade - 13.25pm 09/09/2024 (20 minute delay) ? |
| ODA (ASX) Chart |