One interviewee on the 'lively' blog referred to the PXA SP being at A$13.50 (which by close on Friday 5 April 2024 it wasn't: try $12.34) and said it was a potential takeover target.
He claimed the Australian business was worth A$16 a share but said the 'international' (read 'UK') venture had proven more difficult and cost a lot more than expected so he extrapolated that SH had an A$2.50 per share 'penalty' for that.
He said he doesn't hold shares just for takeover likelihood.
I lack the knowledge to opine whether the UK business will ever be profitable and return an acceptable percentage on the employed capital. Patience is a virtue, although the concern is that some listed corporates (WES is one with hardware) have had poor experiences in the British Isles, as on a far smaller scale and more recently did EQT (Equity Trustees).
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Last
$14.50 |
Change
-0.290(1.96%) |
Mkt cap ! $2.572B |
Open | High | Low | Value | Volume |
$14.68 | $14.73 | $14.45 | $4.830M | 332.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 187 | $14.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.50 | 600 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 187 | 14.480 |
2 | 1498 | 14.450 |
1 | 1513 | 14.440 |
1 | 2184 | 14.430 |
1 | 1513 | 14.420 |
Price($) | Vol. | No. |
---|---|---|
14.500 | 600 | 1 |
14.540 | 3011 | 3 |
14.550 | 1513 | 1 |
14.570 | 3697 | 2 |
14.590 | 1513 | 1 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
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PXA (ASX) Chart |