@eternalgrowth, It is simply an observation. I know that the valuation of the business is underpinned by above average margins. I then see material capitalisation of intangibles (relative to the expensed wage bill) in the cash flow statement. I am also suprised that given it is not a tech company, it's an online retailer, that it would need to spend so much on software development. It raises an eyebrow, that is all.
oh and I can see in the latest half a very big increase in marketing spend, I suspect that had more to do with sales growth than new features on the website.
@eternalgrowth, It is simply an observation. I know that the...
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Last
$2.49 |
Change
-0.100(3.86%) |
Mkt cap ! $949.2M | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.68 | $2.46 | $11.09M | 4.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7881 | $2.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.50 | 12494 | 2 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$2.47 |
Change
-0.100 ( 4.89 %) |
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| Open | High | Low | Volume | ||
| $2.62 | $2.68 | $2.47 | 788339 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| CTT (ASX) Chart |