Two potential positives among the doom and gloom:
- With hours lost to covid having peaked, billable hours and margins should increase
- Law firms would tend to generate greater economies of scale from the size of each office than the number of offices. (According to my brother who's former CEO of a mid-sized firm). Now they've got a national footprint, margins could improve if and when each office grows in staff and client numbers.
This is a sustainable business which could generate decent returns on investment. The question is, will shareholders get a decent portion, or will it be swallowed up by unreasonable management "incentives"?
If ever shareholder activism were justified, it certainly is with this company.
Two potential positives among the doom and gloom:- With hours...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $13.23M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.5¢ | $1.118K | 7.712K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38371 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 12.58pm 06/09/2024 (20 minute delay) ? |
| AFL (ASX) Chart |