I picked up 50K of these for a dollar a week ago.
The lower dollar will add at least 10% to the bottom line alone going forward. Not many companies on the ASX have 95% of revenues in $US.
I'm expecting a 20% increase in profit for FY14 and will now become a potential take over target for a big US IT/software company or private equity with the lower $A.
Why buy blue chips when you can pile into something like this.
I picked up 50K of these for a dollar a week ago.The lower...
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Last
53.5¢ |
Change
0.010(1.90%) |
Mkt cap ! $104.7M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 53.5¢ | 51.5¢ | $49.40K | 94.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29514 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 7540 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| IRI (ASX) Chart |
