I am expecting that we will all be pleasantly surprised by the profit and dividend, and that will cause some rerating - after all, the company has yet to "prove" to the market (dominated by institutional investors) that it is doing well with the SPO integration and that, in a time of declining capital expenditure (by industry and governments), it is making up the difference with more secure maintenance, operational and servicing contracts.
The next report due soon will tell us the answers to this.
GLTH
Ann: Downer awarded new maintenance contract, page-5
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Last
$5.86 |
Change
0.140(2.45%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.78 | $5.88 | $5.77 | $839.5K | 143.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 2861 | $5.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.87 | 4689 | 27 |
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| DOW (ASX) Chart |
