PXA 0.51% $13.74 pexa group limited

They service Australia only and already have 99%+ market share....

  1. 632 Posts.
    lightbulb Created with Sketch. 223
    They service Australia only and already have 99%+ market share. So the key is when competition comes online and PEXA are forced to squeeze their margins + not have real future growth potential (let's face it, are they going to overturn UK etc where they are trying to break into? Highly unlikely).

    At $2.45bn valuation, and last half NPAT of negative ~$4m, what hope is there for a real return? PXA appears way overvalued.
 
watchlist Created with Sketch. Add PXA (ASX) to my watchlist
(20min delay)
Last
$13.74
Change
-0.070(0.51%)
Mkt cap ! $2.452B
Open High Low Value Volume
$13.83 $13.87 $13.62 $671.1K 48.89K

Buyers (Bids)

No. Vol. Price($)
8 130 $13.72
 

Sellers (Offers)

Price($) Vol. No.
$13.74 651 12
View Market Depth
Last trade - 12.55pm 23/07/2024 (20 minute delay) ?
PXA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.