15% growth? Yes/but ... growth was due to acquisition that was funded by issuing additional capital. EPS growth was much lower (<5% from memory). It’s EPS growth that drives shareholder value.
Still for a company that’s still growing, in my opinion the SP was ridiculously low before this offer (still low now, but within coo-eee of sensibility).
News: ECX Australia's Eclipx Group cuts FY profit guidance, page-97
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Last
$3.03 |
Change
-0.010(0.33%) |
Mkt cap ! $725.1M | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.04 | $3.02 | $59.60K | 19.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 718 | $3.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.04 | 3376 | 15 |
View Market Depth
| Last trade - 11.11am 02/10/2024 (20 minute delay) ? |
| FPR (ASX) Chart |