Bubby,
There are many reasons. Labour Hire is a cut throat single digit GP business v Training which is typically 60-70% GP. At the same time training businesses (historically - ie pre-Vocation !!) attracted a much higher valuation multiple so it was always more attractive to promote the business as a training group.
The plan was always for the labour hire businesses to "feed" the more profitable training businesses by providing unskilled casuals to train.
Its a pity the "colourful identities" in the industry tainted all operators - and the rest is history !
- Forums
- ASX - By Stock
- Ann: Appendix 4D and Half Yearly Accounts
Bubby, There are many reasons. Labour Hire is a cut throat...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASH (ASX) to my watchlist
|
|||||
Last
17.8¢ |
Change
0.003(1.43%) |
Mkt cap ! $25.55M |
Open | High | Low | Value | Volume |
17.5¢ | 17.8¢ | 17.5¢ | $9.069K | 51.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 31296 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 52685 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31296 | 0.175 |
3 | 80006 | 0.170 |
4 | 91600 | 0.165 |
2 | 54848 | 0.160 |
1 | 6650 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 52685 | 2 |
0.185 | 5000 | 1 |
0.190 | 5000 | 1 |
0.195 | 4999 | 1 |
0.210 | 69842 | 2 |
Last trade - 12.13pm 05/09/2024 (20 minute delay) ? |
Featured News
ASH (ASX) Chart |