I just bought in after casting an eye over it. I know the chart looks awful (although there is an oversold indicator) but I am impressed with their move on Australian content and their various digital initiatives. The likely acquisition of the car review business is another example.
I notice they have a Morningstar Buy rec as well, not that this ever impresses me.
But I get the feeling the present management are savvy in this business and we could see the old money-making machine come back to life.
I just bought in after casting an eye over it. I know the chart...
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Last
$1.28 |
Change
0.010(0.79%) |
Mkt cap ! $1.958B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.31 | $1.28 | $4.863M | 3.819M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 68389 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 25886 | 4 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| NEC (ASX) Chart |
