The important thing is that Trader Interactive doesn't disappoint, because that has been the truly gorilla acquisition on which this management teams ongoing credibility rests.
So far, so good, because that business is said to be travelling ahead of expectations.
And in Australia, things continue to be robust, not just currently, but also in some of the leading indicators.
So good news all round.
But, gee, at over 40x P/E, its certainly not priced for anything other than good news.
.
Ann: FY23 Half Year Media Release, page-3
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$34.35 |
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