The market sure was confused about the result this morning, with a drop of up to 10% in the share price for a short time. What it may not yet realise is that the underlying EPS growth for continuing operations has consistently ranged between 9.7% and 12.3%, and now 11.8% for each of the last three FY's. What is showing up now for the first time is solid growth from Multix, with likely upside in FY19 from expanding export markets, new product growth, and a greatly simplified business model. All this at a retrospective P/E of around 13.4. IMO, this is now good value.
The market sure was confused about the result this morning, with...
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Last
29.0¢ |
Change
0.025(9.43%) |
Mkt cap ! $41.74M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 33.0¢ | 28.8¢ | $236.1K | 759.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 130437 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 10003 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| MCP (ASX) Chart |