I saw on Buy Hold Sell on live wire markets today about CAR and SEK being replaced by newer and modern business models ie Facebook/LinkedIn etc. i always take these spruikers ‘advice’ with a grain of salt but it raised an interesting prospect. I’ve seen Facebook Marketplace and interested in a discussion as to whether this type of model would supersede the need for CAR and other internet stocks. I see the potential for the strong network effects to be developed, more so from the younger generation. I’ve held CAR for about 4 years and interested in it’s future.
CAR to be irrelevant / obsolete from new Business models?
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Last
$33.77 |
Change
-0.600(1.75%) |
Mkt cap ! $12.73B | |||
| Open | High | Low | Value | Volume |
| $34.28 | $34.39 | $33.65 | $28.98M | 856.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1050 | $33.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.78 | 1037 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| CAR (ASX) Chart |