The announcement wasn't good but wasn't 30% smashing bad either.
Company gave FY23 guidance at FY22 results so we knew revenue is still coming in light but still pretty good for a company its current valuation.
All fingers point for revenue to come in from $US388m to ~ US$350m
Ebitda will be cash positive but once you factor in product development costs at roughly $40m it will fall into a loss again so far its a mirror image of FY22. Still expecting a good order book and green shoots in december qtr. Always flagged 1H was not going to be good. Market reaction is manipulative and typical of this stock.
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Last
80.5¢ |
Change
0.015(1.90%) |
Mkt cap ! $179.5M |
Open | High | Low | Value | Volume |
82.5¢ | 86.0¢ | 79.0¢ | $9.671M | 11.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 341894 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 13131 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 341894 | 0.805 |
2 | 182500 | 0.800 |
2 | 32285 | 0.795 |
5 | 21297 | 0.790 |
4 | 64503 | 0.785 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 9981 | 1 |
0.815 | 18587 | 1 |
0.820 | 93000 | 4 |
0.825 | 135789 | 6 |
0.830 | 134202 | 8 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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