Although they have plenty of orders to fill next year, the market is worried about the effects of mortgage stress on new car sales - you pay the home mortgage and put off buying a new car as there's no money left after all those ever increasing domestic bills and maybe no credit left either to borrow more.
I think that theory makes a lot of sense unfortunately.
I also think that the Canberra purchase was costly when measured against the EBITDA margin and has happened at an inopportune time for shareholders with the other party benefiting more.
Although they have plenty of orders to fill next year, the...
Add APE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.44 |
Change
-0.080(0.76%) |
Mkt cap ! $2.700B | |||
| Open | High | Low | Value | Volume |
| $10.53 | $10.64 | $10.36 | $8.665M | 828.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2678 | $10.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.49 | 1146 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$10.47 |
Change
-0.080 ( 0.79 %) |
||||
| Open | High | Low | Volume | ||
| $10.56 | $10.64 | $10.36 | 349656 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| APE (ASX) Chart |