I agree the heavy rain is not ideal timing but that is out of their control. They seem more worried about the New Zealand side of the business. There seems to be a lack of economic confidence in NZ to purchase trailers. MaxiParts looks resilient but there doesn't seem to be any major growth coming there either. The trailer order book is the best it's been in the last couple of years, which is positive. For me, I think there is a big reliance/hope on the government 100% tax write off incentive attracting sales and greater efficiencies due to the Queensland plant coming online later this year. It's great to hear they want to re-introduce a dividend but they don't seem to have a pathway to getting there.
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I agree the heavy rain is not ideal timing but that is out of...
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Last
$1.83 |
Change
-0.075(3.95%) |
Mkt cap ! $100.6M |
Open | High | Low | Value | Volume |
$1.88 | $1.88 | $1.82 | $5.041K | 2.753K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 575 | $1.74 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.90 | 12115 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 575 | 1.740 |
1 | 350 | 1.700 |
1 | 63 | 1.600 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
1.900 | 12115 | 2 |
1.990 | 10000 | 1 |
2.000 | 6449 | 1 |
2.450 | 2100 | 1 |
0.000 | 0 | 0 |
Last trade - 15.39pm 05/09/2024 (20 minute delay) ? |
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