I was happy with the results, they are what I was hoping for. Profits not far down on the prior record year.
The profits are so much higher than 10 years ago, but the share price is the same as it was 10 years ago? The revenue and prices for their product is so much higher.
The split of the explosives business will result in buy-backs, debt reduction and a continued high yield.
Ticks the boxes for me. it is trading at a low multiple.
Let me know what I am missing?
I was happy with the results, they are what I was hoping for....
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 (20min delay)
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Last
$2.79 |
Change
0.010(0.36%) |
Mkt cap ! $5.399B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.79 | $2.76 | $5.235M | 1.880M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4761 | $2.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 25383 | 6 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.79 |
Change
0.010 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $2.78 | $2.79 | $2.77 | 612480 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| IPL (ASX) Chart |