They've basically doubled their share count, so the current share price is $11 pre covid.
Now let's consider that the highest it's ever been is $12 and it was $10 pre covid..
so you are already paying (at these levels) for a fully recovered travel environment with no hiccups.
I would say the share price is fair valued if you are willing to hold for 2-3 years you'll do well, but a short term trade would be more of a risk.
Ann: Appendix 4D and Half-Year Financial Report, page-9
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Last
$4.49 |
Change
0.025(0.56%) |
Mkt cap ! $1.750B | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.54 | $4.48 | $3.976M | 881.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 17136 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.49 | 10796 | 10 |
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| Last trade - 10.40am 17/10/2024 (20 minute delay) ? |
| WEB (ASX) Chart |