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
$34.47 |
Change
-0.290(0.83%) |
Mkt cap ! $13.00B |
Open | High | Low | Value | Volume |
$34.32 | $34.59 | $34.19 | $20.93M | 607.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 751 | $34.46 |
Sellers (Offers)
Price($) | Vol. | No. |
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$34.56 | 253 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16 | 34.300 |
1 | 145 | 34.190 |
1 | 1460 | 34.100 |
3 | 1097 | 34.000 |
1 | 500 | 33.890 |
Price($) | Vol. | No. |
---|---|---|
35.100 | 1000 | 1 |
35.200 | 2286 | 1 |
35.480 | 500 | 1 |
35.500 | 70 | 1 |
35.700 | 535 | 1 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$34.47 |
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Change
-0.290 ( 0.63 %) |
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Open | High | Low | Volume | ||
$34.25 | $34.59 | $34.25 | 133499 | ||
Last updated 15.59pm 24/05/2024 ? |
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CAR (ASX) Chart |