Yes, it could well be that the lifecycle of CAR will extend for some time yet! That's one thing I've learned from a couple of decades of investing, don't for a moment think that great businesses that have delivered for many years are now 'past their best'. Many find ways to keep on delivering!
Spare a thought for Nine Entertainment who have left over $5.5 Billion on the table. Having sold their 49% stake in CAR back in 2011 for $566 Million, that stake would be worth $6,100 Million today. That's more than 10 X over the 13 years. Considering Nine's market capitalisation is $3.2 Billion, their shareholders have missed out on 170% upside in value because of that dumb decision to sell out.
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Last
$34.58 |
Change
-0.180(0.52%) |
Mkt cap ! $13.04B |
Open | High | Low | Value | Volume |
$34.90 | $34.98 | $34.37 | $18.00M | 520.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 557 | $34.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.66 | 308 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 290 | 34.370 |
1 | 150 | 34.300 |
3 | 631 | 34.000 |
2 | 295 | 33.980 |
1 | 89 | 33.920 |
Price($) | Vol. | No. |
---|---|---|
34.980 | 2194 | 1 |
35.000 | 808 | 4 |
35.050 | 4116 | 1 |
35.200 | 487 | 1 |
35.250 | 500 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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