The one slight surprise is I'd have thought by now, 2.5 to three months after the NSW and Queensland floods that JLG would have some idea of the amount to be involved in rectifying the immense damage.
Perhaps there's an understandable shortage of assessors, and also tradesmen, and/or JLG wants to give us in time a thorough update.
Very good that JLG confirmed guidance but as usual sour, grumpy, walking-stick equipped 'Mr Market' has marked the shares down.
Even accounting for the forecast earnings rise, JLG's P/E remains high.
The one slight surprise is I'd have thought by now, 2.5 to three...
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Last
$5.70 |
Change
0.080(1.42%) |
Mkt cap ! $1.585B | |||
| Open | High | Low | Value | Volume |
| $5.65 | $5.76 | $5.63 | $4.632M | 811.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 286 | $5.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.71 | 4508 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| JLG (ASX) Chart |