The analysis is critical, albeit a reasonable question to pose to the board. I think the board are doing what is required. They seek to maintain market share, and ride out the economic impacts of high inflation.
This is an interesting stock. Although it is consumer discretionary in nature I see it positioned or tilted, and could be one of the first stocks to turn and recover.
An interesting question is why a Asian investor is now a substantial holder?
i think the board are cautious and have this ina holding pattern ready to gear up when the economy decides. In my view the economy is a stallion recovering from injury, and will bolt when the door opens. Hence my decision to buy at 1.90.
Negative sales growth, even with higher discounting, page-2
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Last
$1.33 |
Change
-0.010(0.75%) |
Mkt cap ! $179.4M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.37 | $1.31 | $186.1K | 139.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 312 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 6000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.34 |
Change
-0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.37 | $1.31 | 17285 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| BBN (ASX) Chart |