Agreed it looks heady. The beauty of the model is that each new store opening increases revenue and absorbs overhead.
Price may not hold $30.00, but with the Escrow covenants and limited retail stock it gives the company 12 months to open those stores as stated. I think The floor is firmly set at $22.00.
All it has to do is, find a location, fit it out, staff it with kids and Pensioners and off you go. Its a very simple model as heavy weights have done the heavy lifting Since McDonalds' opens its first store in Yagoona in 1971
Agreed it looks heady. The beauty of the model is that each new...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$29.22 |
Change
0.000(0.00%) |
Mkt cap ! $2.999B | |||
| Open | High | Low | Value | Volume |
| $29.31 | $29.40 | $28.73 | $6.802M | 231.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 633 | $29.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.28 | 530 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| GYG (ASX) Chart |