They have said that they will expand into the panel arm once all of the consolidation dust settles.
The bullbar play is a good established business with years of historical earnings, etc.
The panel industry is going through a major consolidation with estimates of at least a 50% reduction in operators over the next few years.
The Australian market is following the USA and approx 5 years behind.
I believe Mr Gloss are in a great position.
In Victoria, AAMI have just recently announced a furthur reduction in shop numbers.
I think from about 160 down to about 60 effective from next April.
The Mr Gloss shops should not be affected by this and may even prosper.
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $72.25M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.9¢ | $93.67K | 2.369M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1645098 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 1173164 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1645098 | 0.038 |
5 | 1295300 | 0.037 |
2 | 37800 | 0.036 |
9 | 862585 | 0.035 |
1 | 110000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 1173164 | 3 |
0.042 | 100000 | 1 |
0.043 | 232580 | 1 |
0.044 | 49980 | 1 |
0.045 | 516246 | 1 |
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