Listed in 1987 yet not even a thread on this company even though it is trading at prices not seen for 13 years and has been around 12 month highs since the results announcement in July.
From Bell Potter,
Interim results were presented in the usual understated way. A 47% increase in profit before accounting for the work in progress which lifted that profit increase over last year to 91%.Scantech Limited (SCD) focuses on manufacture and marketing of scientific and industrial instruments principally for resource sector including cement, coal and mineral industries. SCD also provides consulting services to the coal industry and in-field support of scientific and instruments. The Company currently operates 930 systems installed in over 55 countries worldwide.
The main issue with this one is not being liquid with only 17.5 million shares on issue and an average (last 20 days) turnover of only about $30,000 per day.
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