There's a real possibility that it could go far below that what it is at the moment. Brokers on TV think that it is a wonderful business, but don't understand every business has a price and it is overvalued with growth prospect very difficult. Well here's the problem when you pay ultra low dividend yield and then have to raise capital at 140.
Market also thinks management don't understand litigation risks in a foreign land very well.
Ann: FY20 result - ASX & media release, page-24
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Last
$291.17 |
Change
-3.770(1.28%) |
Mkt cap ! $19.20B | |||
| Open | High | Low | Value | Volume |
| $294.21 | $294.33 | $290.60 | $8.225M | 28.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8 | $291.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $291.21 | 4 | 3 |
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| Last trade - 13.20pm 18/11/2024 (20 minute delay) ? |
| COH (ASX) Chart |