Is there any solid evidence that they are converting 30% into orders? They've been using this line for a while.
Long term things may improve, one-off expense of the new plant is out pf the way and they may be well positioned to secure some new orders.
Last stats i saw stated more rigs and drilling to take place, which also means a bigger market for parts and servicing
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $72.45M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 75000 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 14995 | 0.290 |
1 | 8500 | 0.285 |
1 | 6500 | 0.280 |
1 | 15000 | 0.270 |
1 | 10000 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 3031 | 1 |
0.340 | 3649 | 1 |
0.345 | 12762 | 1 |
0.350 | 98847 | 3 |
0.360 | 30000 | 1 |
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MCE (ASX) Chart |