"Trying to understand the competitive environment for AND
M&A will be lower in this environment so selling pressure will continue but just nerves imho."
I suspect viewing AND simplistically as a M&A arb play is the easy default for most people.
When, in fact, the company garners is a lot more "maintenance"-type revenue than lumpy revenues derived from corporate transactions.
And besides, even the M&A engine has several cylinders, meaning that when some sectors aren't firing (eg. like now, financial and consumer discretionary sectors are subdued), others are (eg. energy and renewables).
I suspect AND's financial performance over its business cyclical (whatever that might look like) will prove to be far less volatile than most people might expect.
.
- Forums
- ASX - By Stock
- AND
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5
Featured News
Add AND (ASX) to my watchlist
|
|||||
Last
$2.21 |
Change
-0.050(2.21%) |
Mkt cap ! $197.4M |
Open | High | Low | Value | Volume |
$2.26 | $2.27 | $2.19 | $418.9K | 188.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4467 | $2.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.21 | 875 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17733 | 2.150 |
1 | 100000 | 1.850 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
2.220 | 5000 | 1 |
2.270 | 7439 | 1 |
2.320 | 4475 | 1 |
2.330 | 958 | 1 |
2.350 | 2224 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
AND (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online