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
$64.20 |
Change
0.880(1.39%) |
Mkt cap ! $1.654B | |||
| Open | High | Low | Value | Volume |
| $64.01 | $64.65 | $63.75 | $1.657M | 25.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8 | $64.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.24 | 10 | 2 |
View Market Depth
| Last trade - 14.55pm 24/06/2025 (20 minute delay) ? |
| MAQ (ASX) Chart |