yeh most of their acquisitions were horrific .. leveraging and acquiring for growth is what got them in trouble in the first place
the only reason I have jumped in at this level is the fact that their supply of leasing funds is all sorted out and they are focusing on the core business which is profitable
underlying earnings FY19 before impairments was approx $0.098 per share ..
FY20 should be the last year of impairments (less than FY19) then the potential for earnings growth kicks in
thats what makes it a T/O target
Ann: Eclipx Announces Sale of CarLoans.com.au and Georgie, page-3
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $720.4M | |||
| Open | High | Low | Value | Volume |
| $3.07 | $3.11 | $3.04 | $336.0K | 109.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 936 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 1404 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FPR (ASX) Chart |