Mingchop - I like EBOS and have been perplexed by the SP too. The only two things I can find that might be putting a dampener on it is:
1 - The market doesn't like uncertainty and official line from EBOS regarding COVID impact was an honest, transparent: "COVID-19 may affect different areas of our diversified Healthcare and Animal Care business in different ways during the next period of uncertain consumer demand"
2 - A major shareholder sold down 1% from 10.13 to 9.13%
Being a major provider of human and animal health product, you could imagine some supply lines being under huge pressure with COVID eg masks, gloves PPE etc. However, that could be offset by the sudden reduction in Elective surgeries, dental and medical practices during a prolonged lock down period.
This is an extremely well run company which advised of 3rd quarter increase in demand. I will be picking up more shares while they are discounted
Ann: EBOS advises of strong recent trading conditions, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EBO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$33.41 |
Change
0.280(0.85%) |
Mkt cap ! $6.463B | |||
| Open | High | Low | Value | Volume |
| $32.80 | $33.89 | $32.59 | $1.062M | 32.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 118 | $33.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.41 | 1 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| EBO (ASX) Chart |