Agree with 1.30 target as a possibility well short of past highs. Unlike many techs, this does not appear as a growth share as much as providing yield. Minelab takeover has compensated for ailing microwave/satellite business. Now looks like they found a winner with Minelab Metal detection but if satellite and HF sales were to pickup, >1.50 would be quite realistic. Not sure how realistic it would be for those stars to align though.
This one generally trades on low volumes which can mean higher SP volatility but not good for ST traders.
tech stock, page-8
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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 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| CDA (ASX) Chart |
