I agree, but we're about 3 weeks from when the Company will likely put out its Annual Report - last yr it came out on 19 August, so it'll likely get on the radar of opportunistic low cap investors - particularly after the Business Update that indicates significant increase in annual revenue (and expected increased profit).
IMO the share price has been affected by 2 factors - the previous cap raise (from memoey $1.19 ugh) which was soon followed by a profit downgrade, and more recently a move by at least one larger holder to reduce holdings. Not sure if that selling has stopped already.
Certainly the increase in propeller production plus the latest gyro sales contract, and possibly an increase in defence sales, will improve the bottom line going forward.
Just need the market to reconsider the company going forward.
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I agree, but we're about 3 weeks from when the Company will...
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Last
$1.84 |
Change
0.060(3.37%) |
Mkt cap ! $249.8M |
Open | High | Low | Value | Volume |
$1.80 | $1.84 | $1.80 | $41.04K | 22.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4194 | $1.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.84 | 17923 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4194 | 1.810 |
1 | 3500 | 1.800 |
3 | 16038 | 1.750 |
1 | 400 | 1.720 |
3 | 1776 | 1.700 |
Price($) | Vol. | No. |
---|---|---|
1.840 | 17923 | 2 |
1.850 | 6340 | 2 |
1.900 | 10290 | 2 |
1.910 | 29859 | 1 |
1.940 | 8000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
VEE (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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