Looks like GUD spent some of the monster cashflow on buying a European automotive specialist lighting distribution business RVX for $12m.
An acquisition within existing business units is the way to go at the moment. I am presuming this will be EPS acretive as it leverages the existing business.
Ann: ASX Release Results for the full year ended 30 June 2023, page-6
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Last
$10.10 |
Change
-0.010(0.10%) |
Mkt cap ! $1.423B | |||
| Open | High | Low | Value | Volume |
| $10.13 | $10.17 | $10.06 | $1.358M | 134.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3257 | $10.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.12 | 2478 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| AOV (ASX) Chart |