I like this stock but it's had a very good run. $15B is a pretty hefty market capitalisation for those earnings and relatively modest underlying growth.
Government budgets are going to tighten and margins must be vulnerable on a 24 month horizon. I thought it was getting stretched at $26 and got out too early but at anything over $30 I think the rubber band has to come back at some point. I believe today's result might be the catalyst.
I like this stock but it's had a very good run. $15B is a...
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Last
$26.30 |
Change
-0.070(0.27%) |
Mkt cap ! $12.63B | |||
| Open | High | Low | Value | Volume |
| $26.50 | $26.64 | $26.30 | $38.35M | 1.453M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32122 | $26.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.31 | 371 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SHL (ASX) Chart |