Could be a number of reasons
But suspect small cap fund managers may be buyers ,at recent Micro equities conference a couple asked pertinent questions
Today the company has a market cap of over $70 m ,that alone wil attract interest of other small cap managers
Techinically the stock is making higher highs & after breaking out of recent trading range this would attract any TA analyst ,but I don't see any traders here may be wrong but we need a pull back to determine strength
Ultimately earnings determine share prices & while I think Dr Brown has done a tremendous job since 2006 with likely record sales this f/y . Clover could easley be gobbled up by a multi .Am sue Soul Patts would be sellers at the right price
They have unique & a growing product list that would certaintly attract others .Not many small cap Aust companies that can spend up on R & D & turn into increase sales in a short time frame.
Can anybody name me 3 ,with similar market cap?
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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $60.11M |
Open | High | Low | Value | Volume |
49.5¢ | 49.5¢ | 49.5¢ | $39 | 78 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1020 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 44797 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7695 | 2.000 |
1 | 796 | 1.995 |
1 | 796 | 1.990 |
1 | 796 | 1.985 |
1 | 796 | 1.980 |
Price($) | Vol. | No. |
---|---|---|
2.030 | 7190 | 2 |
2.040 | 2620 | 3 |
2.050 | 16114 | 2 |
2.060 | 2764 | 2 |
2.070 | 3787 | 3 |
Last trade - 10.02am 18/11/2024 (20 minute delay) ? |
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