Interesting idea - but I don't think it holds up. BOQ today just announce a record profit, up 46%.
Automotive is a very small part of FCL now, it's primarily rural services and agriculture. It's true the CEO has left - but I don't think Les was living up to expectations.
I've been concerned about FCL ever since Alan Newman left, to be honest. Now there was a guy who could pull an extra 10 or 20 million in profit from nowhere.
I've kept up my stake in FCL because I think when the drought breaks - properly - across the country, FCL will be a major beneficiary.
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$1.66 |
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Mkt cap ! $561.6M |
Open | High | Low | Value | Volume |
$1.70 | $1.71 | $1.65 | $251.0K | 149.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2046 | $1.66 |
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Price($) | Vol. | No. |
---|---|---|
$1.79 | 5214 | 1 |
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No. | Vol. | Price($) |
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1 | 2046 | 1.660 |
2 | 30340 | 1.650 |
1 | 2199 | 1.630 |
1 | 2000 | 1.625 |
1 | 20000 | 1.620 |
Price($) | Vol. | No. |
---|---|---|
1.790 | 5214 | 1 |
1.820 | 11500 | 1 |
1.830 | 5000 | 1 |
1.850 | 5305 | 2 |
1.860 | 2000 | 1 |
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