I agree. The business also has to meet its revenue forecasts somehow and I suspect it may be difficult without some more of this activity over coming years.
Am very comfortable with the defensiveness of this business. Generally limited impact from COVID, the potential to outperform during an economic downturn as companies look to repair and maintain, rather than buy new and still finding avenues to increase earnings through this period.
Ann: Expansion into Victoria with Strategic Acquisition, page-3
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Last
71.0¢ |
Change
-0.010(1.39%) |
Mkt cap ! $82.89M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 72.0¢ | 71.0¢ | $21.55K | 30.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 176856 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 90603 | 3 |
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| Last trade - 15.56pm 05/07/2024 (20 minute delay) ? |
| LBL (ASX) Chart |