One day it has to be bought by a larger player I assumed it would have already happened. Remember a few years ago when broker consensus was 200M revenue FY25 and 75M profit?
I expect it will get sold at some point soon… DW has said in the past growth is more important and if they don’t have really good growth they are leaving too much on the table for shareholders.
By the fact they have slowed spending means it’s at the expense of growth. I imply it will be sold at some point.
Plenty on the board are getting old and would like to cash out I imagine.
One day it has to be bought by a larger player I assumed it...
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Last
$2.43 |
Change
-0.090(3.57%) |
Mkt cap ! $1.678B | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.50 | $2.43 | $2.311M | 940.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17100 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 5973 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |