Despite the expected impairment from lower container volumes at Moorebank than what QUB's business plan anticipated and consequent ahead of time investment in automation, overall this is a positive announcement because finalisation of the QUB - Logos deal (with a few conditions still to be satisfied) frees up capital for what QUB claims is greater returns.
Maybe in time we'll see QUB on the acquisition trail, but the problems that competitor Toll has had with at least one of its divisions ($1.1 billion loss the latest reported figure) suggests that not every transport or logistics potential acquisition passes muster if acquirers are rationally behaving.
Despite the expected impairment from lower container volumes at...
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Last
$4.36 |
Change
-0.040(0.91%) |
Mkt cap ! $7.731B | |||
| Open | High | Low | Value | Volume |
| $4.40 | $4.41 | $4.36 | $3.422M | 782.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 34291 | $4.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.36 | 19989 | 22 |
View Market Depth
| Last trade - 15.38pm 22/07/2025 (20 minute delay) ? |
| QUB (ASX) Chart |