It’s based on revenue growth. The net profit growth last quarter was an outlier still slowing hence the PE will fall with it. You’re betting on 30-40 percent growth in EBITA this half good luck when your revenue growth is at 15-20 percent and increase costs and competition. Their monopoly dominance is coming to an end needs a few quarters to show it can still survive that growth in that period to keep running.
Ann: Becoming a substantial holder, page-9
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Last
$16.84 |
Change
0.960(6.05%) |
Mkt cap ! $4.876B | |||
| Open | High | Low | Value | Volume |
| $16.90 | $18.07 | $16.80 | $51.11M | 2.951M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 638 | $16.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.84 | 722 | 7 |
View Market Depth
| Last trade - 13.12pm 15/05/2024 (20 minute delay) ? |
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Last
$16.78 |
Change
0.960 ( 5.80 %) |
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| Open | High | Low | Volume | ||
| $16.92 | $18.00 | $16.70 | 601383 | ||
| Last updated 13.31pm 15/05/2024 ? | |||||
| IEL (ASX) Chart |