Agreed. But I think we’ll need to be patient. challenger have been selling and if they continue (they have another 13m I think from memory), it could suppress the SP until they’re done but the shares are quite tightly held so could turn quickly too on good buying.
They’ve taken on more debt from the legal issue but the business is sound, strong revenue, if they meet their commitments and stick to focusing on current operations, can get the debt paid down, improve utalisation, increase revenue and reduce costs I’ll kick myself for not buying more down here (but I did over expose myself before these lower levels) I’ll buy more after seeing the H1 results I think.
who is buying???, page-4
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Last
4.8¢ |
Change
-0.005(9.43%) |
Mkt cap ! $26.55M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 4.7¢ | $22.77K | 465.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 469855 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 630330 | 1 |
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| Last trade - 14.59pm 30/07/2024 (20 minute delay) ? |
| XRG (ASX) Chart |