Management of this company are some of the better paid in corporate Australia, let alone small cap land. Dare I say overpaid. Way overpaid.
This business is impossible to model and therefore to have any confidence in earnings, and the company does a poor job explaining.
SRG numbers pre the merger where inflated by the significant profit on the sale of property, overstating the true earnings base.
I found the merger strange, diluting the "making the complex easy" business with a recurring services business, maybe the reverse applies, strengthening a project business with recurring earnings? Anyhow, little overlap or synergies.
Probably interesting at current prices but deserves no more than a 8x-10x mid-cycle PER rating IMHO.
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Last
85.0¢ |
Change
-0.050(5.56%) |
Mkt cap ! $443.1M |
Open | High | Low | Value | Volume |
89.0¢ | 89.0¢ | 84.5¢ | $1.177M | 1.361M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7522 | 84.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.5¢ | 9971 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7522 | 0.845 |
8 | 109826 | 0.840 |
3 | 13449 | 0.835 |
2 | 2700 | 0.830 |
4 | 32794 | 0.820 |
Price($) | Vol. | No. |
---|---|---|
0.855 | 9971 | 1 |
0.860 | 7522 | 1 |
0.865 | 7522 | 1 |
0.890 | 57743 | 3 |
0.900 | 46104 | 7 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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