The issue is that 10% growth per Qtr for a business this size doesn't justify the mkt cap. It would if they were much larger but at this annualised revenue they need to be growing double that to meet market expectations and their previous share price.
I owned this from early on. I can't justify owning it now. When they return to high teen or higher growth rates per Qtr I will again get interested.
Current SP, page-17
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Last
$10.97 |
Change
-0.040(0.36%) |
Mkt cap ! $1.749B | |||
| Open | High | Low | Value | Volume |
| $10.94 | $11.01 | $10.77 | $6.263M | 573.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1286 | $10.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.98 | 10415 | 3 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |