Had to buy - their past ROE has been phenomenal, and they have survived a perfect storm - if they get back to similar returns to what they have achieved in the past, then the SP will be back to $3 or so I suspect. Will not hold my breath however, but I do think their prospects for a rebound might be far better than what is suggested by the current SP.
And I do believe there will be a lot of interest in the new detectors too.
Ann: Press Release - Minelab unveils GPZ 7000, page-6
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Last
$15.80 |
Change
0.030(0.19%) |
Mkt cap ! $2.785B | |||
| Open | High | Low | Value | Volume |
| $15.80 | $15.97 | $15.70 | $2.528M | 159.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 343 | $15.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.81 | 803 | 2 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| CDA (ASX) Chart |
