Market generally trades with a short term mindset. Nevertheless, I think its important to remember just how profitable the stand alone trophon business is. For this half alone the trophon part of the business made $18.2 million before tax unaudited.
Obviously as they are investing in alot of R&D for their newer products, alot of this profit is then redirected elsewhere. But similarly if they are successful with their new Coris device as they have been with trophon around the world, then we could start to see revenue and profit margin materialise imo
Market generally trades with a short term mindset. Nevertheless,...
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Last
$3.10 |
Change
0.040(1.31%) |
Mkt cap ! $927.1M | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.12 | $3.08 | $429.6K | 138.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.11 | 25370 | 20 |
View Market Depth
| Last trade - 10.38am 12/07/2024 (20 minute delay) ? |
| NAN (ASX) Chart |