Agree with you on valuation - my model spat out $6.99 last night. However, pragmatically, I'd probably want to discount that by 10-20% for lack of control of liquidity.
Would like to have some idea what they will do with the cash. There's only so long to justify hoarding it. Not certain about $60m by year end - more like $52-$53m I'd have thought. It's such a large amount relative to market cap that the potential to mis-spend it seems like a significant risk.
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Last
$68.79 |
Change
-0.040(0.06%) |
Mkt cap ! $1.772B | |||
| Open | High | Low | Value | Volume |
| $69.00 | $69.50 | $67.99 | $1.340M | 19.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75 | $68.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $69.15 | 71 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| MAQ (ASX) Chart |