An absolutely dreadful performance only 4 months after the float and already down 30% on a reduced revenue forecast.
It's fine to say they met the FY14 forecast but who cares? FY15 was the only one that counted for a company floating in June. It was priced for perfection and failed to deliver.
This is worth 2 strikes and the only thing that saves it from three is the Directors buying. Hopefully there will be a less emotional response today but holders from the float will find it very hard to swallow and hold.
Ann: Annual General Meeting Chairman and CEO presentation., page-6
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Last
$1.14 |
Change
0.023(2.02%) |
Mkt cap ! $465.6M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.15 | $1.11 | $1.034M | 923.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 12170 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 2791 | 4 |
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| Last trade - 15.30pm 19/11/2024 (20 minute delay) ? |
| MVF (ASX) Chart |
