The market thinks 10. I think 20 could be easily justified at their rate of growth. I guess the market is just a bit spooked by the risk of rising unemployment, but this is where I see an opportunity to make a bet.
No red flags in their guidance, unemployment predicted to stay relatively low (4.5% mark). Clear growth avenues through migration. Now it is time to be patient and see what happens.
IMO DYOR
Ann: Investor Presentation - FY23 Annual Results, page-4
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Last
80.0¢ |
Change
-0.010(1.23%) |
Mkt cap ! $83.57M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 78.0¢ | $209.0K | 265.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1290 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 6214 | 1 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| PPE (ASX) Chart |