I am quite baffled by the surging share price as well, taking any potential opportunity to (re)enter this company further away from my grasp.
It is not unlike SEK and REA (I have owned the former for many years). Even average to above-average results are being rewarded by the market as if they are great for these relatively mature tech businesses, which I find curious.
Ann: Annual Report 2019, page-4
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Last
$34.67 |
Change
-0.580(1.65%) |
Mkt cap ! $13.07B | |||
| Open | High | Low | Value | Volume |
| $35.10 | $35.44 | $34.50 | $54.94M | 1.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28 | $34.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.68 | 2835 | 2 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| CAR (ASX) Chart |