As we still have limited information from this company, it may be interesting to have a look at the rest of the sector to get some indications.
Yesterday, Duratec published a profit update.
Overall, Duratec revised down its revenue forecast (delay with some projects, with defense in particular) but revised upwards its margin forecast.
This margin increase seems to be in line with the fact that there is now less pressure on the cost of construction.
Fine for me if we have the same story for Shape (cf H1 24 results).
Probably worth more attention, page-22
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Last
$2.23 |
Change
0.080(3.72%) |
Mkt cap ! $186.1M | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.24 | $2.16 | $16.01K | 7.276K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 212 | $2.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.21 | 2 | 1 |
View Market Depth
| Last trade - 13.41pm 14/06/2024 (20 minute delay) ? |
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Last
$2.23 |
Change
0.080 ( 2.29 %) |
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| Open | High | Low | Volume | ||
| $2.16 | $2.23 | $2.16 | 451 | ||
| Last updated 13.41pm 14/06/2024 ? | |||||
| SHA (ASX) Chart |