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
6.2¢ |
Change
0.003(5.08%) |
Mkt cap ! $296.5M |
Open | High | Low | Value | Volume |
5.8¢ | 6.2¢ | 5.7¢ | $313.5K | 5.284M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 452087 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 1255722 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 452087 | 0.060 |
1 | 50000 | 0.059 |
3 | 603500 | 0.058 |
2 | 234316 | 0.057 |
2 | 510000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 1255722 | 5 |
0.063 | 40816 | 1 |
0.064 | 41000 | 2 |
0.065 | 209881 | 3 |
0.066 | 420000 | 2 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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