It occurs to me that the requirement for such a high level of debt in the receivables facility is driven by the tiny margins available in this sector. DDR has an operating margin of around 3% historically - its probably one of the metrics I hadn't fully considered in my analysis.
Maybe the tiny margins in this sector are the real concern? They are unlikely to change significantly, at the end of the day companies like DDR are just resellers. I guess there is some competitive advantage there!
It occurs to me that the requirement for such a high level of...
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Last
$7.82 |
Change
-0.030(0.38%) |
Mkt cap ! $1.413B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.93 | $7.81 | $11.42M | 1.459M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 19701 | $7.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.83 | 48823 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| DDR (ASX) Chart |