Great set of numbers, once the market begins to believe these numbers are sustainable we will see the share price double as a minimum.
A doubling of share price would put the P/E at 8.
It could be argued we should be trading higher considering stable, long term demand for aluminium and extrusion services.
In the meantime we can enjoy a dividend and buyback. Easy stock to hold.
Great set of numbers, once the market begins to believe these...
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Last
$9.73 |
Change
0.020(0.21%) |
Mkt cap ! $171.2M | |||
| Open | High | Low | Value | Volume |
| $9.87 | $9.87 | $9.72 | $242.3K | 24.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $9.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.87 | 661 | 1 |
View Market Depth
| Last trade - 15.30pm 03/05/2024 (20 minute delay) ? |
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Last
$9.72 |
Change
0.020 ( 0.10 %) |
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| Open | High | Low | Volume | ||
| $9.80 | $9.80 | $9.72 | 261 | ||
| Last updated 15.02pm 03/05/2024 ? | |||||
| CAA (ASX) Chart |