It's not a big deal, just interested to know where the FY quote came from, because I've listened to all his preso's and can't recall one mention of FY. Maybe I simply missed it, but would like to know where I did, if someone has it handy.
I also don't think the WLA will move the price (well, perhaps in the short term there may be a slight spike), but the strength will come from the much higher revenue figures that such a licence will produce. I also think the new SBI K with the addition of 4,219 new ATM's from early 2025 will be another catalyst delivering almost a doubling of revenue. Lots to look forward to!
I actually think the exercising of the majority of the options was a good thing, because the current SOI is still ridiculously low and would be an impediment for any large insto wanting to take a position. Heck, even margin lenders wouldn't lend on this with the current low numbers of SOI. Doubling SOI again and using the cash to quickly consolidate a number of players in the Indian mkt, would not only assist with marketing an IPO but would put the stock in a much more attractive position for the bigger players.
But then, maybe that's the thought process to keep large buyers out till the Indian IPO? Keep the gains in the family...?
- Forums
- ASX - By Stock
- Ann: Application for quotation of securities - FND
It's not a big deal, just interested to know where the FY quote...
-
- There are more pages in this discussion • 20 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 FND (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.64 |
Change
-0.130(3.45%) |
Mkt cap ! $177.6M |
Open | High | Low | Value | Volume |
$3.71 | $3.71 | $3.54 | $513.5K | 141.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 116 | $3.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.68 | 907 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13888 | 3.600 |
1 | 600 | 3.550 |
3 | 7450 | 3.500 |
1 | 500 | 3.460 |
2 | 10286 | 3.450 |
Price($) | Vol. | No. |
---|---|---|
3.680 | 129 | 1 |
3.720 | 445 | 1 |
3.750 | 6607 | 1 |
3.950 | 2597 | 1 |
3.980 | 2000 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
FND (ASX) Chart |