They have said that they will expand into the panel arm once all of the consolidation dust settles.
The bullbar play is a good established business with years of historical earnings, etc.
The panel industry is going through a major consolidation with estimates of at least a 50% reduction in operators over the next few years.
The Australian market is following the USA and approx 5 years behind.
I believe Mr Gloss are in a great position.
In Victoria, AAMI have just recently announced a furthur reduction in shop numbers.
I think from about 160 down to about 60 effective from next April.
The Mr Gloss shops should not be affected by this and may even prosper.
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They have said that they will expand into the panel arm once all...
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5.1¢ |
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Mkt cap ! $194.0M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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No. | Vol. | Price($) |
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2 | 711000 | 0.049 |
5 | 2544045 | 0.048 |
4 | 1090724 | 0.047 |
8 | 2727591 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 231005 | 3 |
0.053 | 505965 | 5 |
0.054 | 300000 | 2 |
0.055 | 200000 | 1 |
0.056 | 200000 | 1 |
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