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.
Regional PNG it not quite similar to regional Australia. You...
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Last
$6.39 |
Change
-0.020(0.31%) |
Mkt cap ! $2.990B | |||
| Open | High | Low | Value | Volume |
| $6.40 | $6.40 | $6.39 | $21.28K | 3.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1283 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 3949 | 2 |
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| Last trade - 15.07pm 18/06/2024 (20 minute delay) ? |
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Last
$6.40 |
Change
-0.020 ( 0.16 %) |
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| Open | High | Low | Volume | ||
| $6.40 | $6.40 | $6.39 | 77 | ||
| Last updated 14.05pm 18/06/2024 ? | |||||
| BFL (ASX) Chart |