I like the company, but not enough. The substantial increase in goodwill on the balance sheet really concerns me. History shows that 90% of companies writes this down, and (my figures) show this usually happens with 2-4 years of the acquisition for businesses that are heavily cashflow dependent.
I really want to buy them, but the balance sheet is just too bloated with non tangible assets. Consider what happens when this gets written down, as will happen.
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Last
$5.24 |
Change
0.040(0.77%) |
Mkt cap ! $1.365B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.27 | $5.20 | $3.570M | 682.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $5.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.25 | 13178 | 5 |
View Market Depth
| Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
| IPH (ASX) Chart |