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The PNG election is now complete.

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PhoenixAM2017

855 Posts.

37

10/08/22

10:51

Post #: 63028234
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Originally posted by Darre11 ↑

Regional PNG it not quite similar to regional Australia. You will struggle to find grid connected electricity supply in regional PNG (13% of the population connected to the grid), much less a good internet connection for ebanking (4G population coverage circa 20-30%).

IMO, this additional tax whilst extremely unfair is not a death knell for BFL and given their market position they should be able to tweak some things to recover some of this additional tax cost. The P/E ratio before the tax is 5.3x and after the tax it is still only 6.5x. Still cheap as chips.

If the government loses the current elections, there is a chance this tax will be tossed out by the new govt.

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The PNG election is now complete.

BFL Price at posting: $4.90 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $6.11		Change -0.030(0.49%)		Mkt cap ! $2.854B

Open	High	Low	Value	Volume
$6.20	$6.24	$5.89	$67.61K	11.28K

Buyers (Bids)

No.	Vol.	Price($)
1	170	$5.86

Sellers (Offers)

Price($)	Vol.	No.
$6.11	12756	1

View Market Depth

No.	Vol.	Price($)
1	170	5.860
3	2311	5.850
1	86	5.840
2	3532	5.830
1	173	5.780

Price($)	Vol.	No.
6.110	12756	1
6.250	4100	2
6.270	4004	1
6.300	2000	1
6.500	2700	1

Last trade - 15.59pm 01/05/2024 (20 minute delay)

BFL (ASX) Chart

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