there is def value in this stock if they can replicate the nsw business in other states - it just hasn't been successful so far. They would have learnt a lot out of the qld debacle, but im still a little surprised that they couldn't make it work up there. the business seems to rely heavily on low costs, so perhaps SA is more suited to building a sustainable business than north qld atm. I was pleased to see one of the directors has moved to SA and that they are building up the business rather than buying one.
there is def value in this stock if they can replicate the nsw...
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Last
61.0¢ |
Change
-0.030(4.69%) |
Mkt cap ! $71.50M | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 63.0¢ | 61.0¢ | $40.85K | 65.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 936 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 35464 | 1 |
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| Last trade - 15.54pm 01/10/2024 (20 minute delay) ? |
| LBL (ASX) Chart |