Hopeful, I believe you're correct in believing the shortage of assessors. The volume of damage in this year has presumably created a massive backlog, and I suspect the workload assigned to each assessor is probably the highest they've had since the Townsville floods. The Townsville floods, by comparison in terms of the extent of damage, is probably a lot less to what we've got ahead of us.
I appreciate that Management are conservative in their estimations, and are quiet in their achievements. On the valuation side, yes I agree the P/E is very high, however I am happy to look past that in favour of the business's potential.
Charts wise, it is worth mentioning that today's price action saw the 20Month Moving Average and 100Week Moving Average supports respected to close out the week. Hypothesizing a further and significant correction to the market, our next key level would be approx $4 which is the 200Week moving average.
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Last
$5.80 |
Change
-0.090(1.53%) |
Mkt cap ! $1.613B |
Open | High | Low | Value | Volume |
$5.90 | $5.90 | $5.77 | $4.964M | 855.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4491 | $5.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.82 | 7533 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50 | 5.770 |
1 | 3299 | 5.750 |
1 | 300 | 5.740 |
1 | 1 | 5.730 |
1 | 877 | 5.700 |
Price($) | Vol. | No. |
---|---|---|
5.860 | 15900 | 1 |
5.900 | 580 | 1 |
5.950 | 23897 | 5 |
5.990 | 255 | 1 |
6.000 | 4392 | 7 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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