Ord Minnett found COG Financial Services' underlying first half result solid, though a first half loss from the company's holding in EarlyPay ruined the mood. The impact from EarlyPay is nevertheless considered short-term in nature. The broker highlights the Finance, Broking and Aggregation segment has proven resilient in the face of rising interest rates and $3.4bn of net assets were financed during the half. Ord Minnett feels the company is well placed to seize upon any accretive acquisition opportunities.
Ord Minnett found COG Financial Services' underlying first half...
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Last
$2.94 |
Change
0.080(2.80%) |
Mkt cap ! $8.579B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.95 | $2.90 | $3.900M | 1.338M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 42907 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 49464 | 32 |
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| Last trade - 15.40pm 23/07/2024 (20 minute delay) ? |
| GQG (ASX) Chart |