On one hand you have a company with a good track record of profitably building & selling developments. On the other you have the WA property market widely considered to be in the toilet on the back of a weakening mining sector. Macro vs micro analysis.
That Finbar have been buying new sites suggests they don't think the market is dead, and the buyback suggests cashflow is not a problem. Possibly a point on the downside is that they've been very tight-lipped about guidance, and the half-year report felt a bit heavy on work previously completed rather than things to come.
EOFY results will have the potential to move the price significantly, but I have no idea in which direction ;(
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On one hand you have a company with a good track record of...
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Last
84.0¢ |
Change
-0.005(0.59%) |
Mkt cap ! $228.5M |
Open | High | Low | Value | Volume |
84.5¢ | 84.5¢ | 82.3¢ | $45.60K | 54.55K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37000 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 2 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37000 | 0.805 |
3 | 23289 | 0.800 |
1 | 6000 | 0.795 |
1 | 12904 | 0.775 |
1 | 14287 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 2 | 1 |
0.855 | 1 | 1 |
0.865 | 15000 | 1 |
0.870 | 15427 | 1 |
0.875 | 350 | 1 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
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