While I always try to avoid taking cues from what share prices are doing at any given point in time, sometimes it is hard not to do so: in this case the way the stock is trading, it looks like the stock is cum- another downgrade.
Because if it isn't, and if management's confidence in "delivering EPS growth in FY2019" proves to be justified, that means the stock is trading on a P/E multiple of just 9.0x (and that is predicated on cyclically depressed earnings in Australia, which represents more than 40% of GAP's sales).
In this regard, when the buyback resumes (and to what extent) will be telling.
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Last
13.3¢ |
Change
0.003(1.92%) |
Mkt cap ! $37.63M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.3¢ | $32.33K | 242.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 212788 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.130 |
5 | 334201 | 0.110 |
2 | 120000 | 0.105 |
4 | 91012 | 0.100 |
2 | 102061 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 54929 | 1 |
0.140 | 49354 | 2 |
0.145 | 60000 | 2 |
0.150 | 103159 | 2 |
0.155 | 37477 | 2 |
Last trade - 14.16pm 12/09/2024 (20 minute delay) ? |
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GAP (ASX) Chart |