As long as there is still strong growth the share price has traditionally gone up. Given there is 13 weeks of trading instead of 10 or 11 due to christmas there is a good chance the price will go north. Last year was a strong quarter so hopefully they can top that too.
I don't think the share price will move much when the financials come out in August. The reason being the way revenue is recognised. So cashflow will be strong but profit may not which shouldn't move the price.
SP predictions for end of FY results, page-3
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.25M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $11.31K | 69.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20727 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 15000 | 2 |
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| Last trade - 14.10pm 22/05/2024 (20 minute delay) ? |
| XF1 (ASX) Chart |