Presumably the market, at some point, casts it gaze over at what's happening here:
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Because if the trend over the past 6 months in risk-free investment yields continues (and I have no idea whatseover if they will or if they will tomorrow turn back down again) then presumably at some stage 35x P/E (or 40x or whatever it now is for ARB, on a sustainable earnings basis) starts to look relatively unappealing.
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Last
$37.99 |
Change
-0.650(1.68%) |
Mkt cap ! $3.147B |
Open | High | Low | Value | Volume |
$38.35 | $38.72 | $37.68 | $2.931M | 76.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 192 | $37.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.01 | 1099 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 178 | 37.970 |
6 | 122 | 37.960 |
5 | 222 | 37.950 |
4 | 191 | 37.940 |
4 | 170 | 37.930 |
Price($) | Vol. | No. |
---|---|---|
38.010 | 1184 | 8 |
38.020 | 53 | 2 |
38.030 | 118 | 2 |
38.040 | 179 | 5 |
38.050 | 121 | 3 |
Last trade - 13.24pm 19/06/2024 (20 minute delay) ? |
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