Back then, this was cheap as chips. Its balance sheet has always been strong and this is even more important for construction companies because that is the #1 killer of these types of companies. Management has also been very shrewd with their acquisitions evidenced by their recent Trivange acqusition.
At my cost basis of $0.49, this investment is generating a 10% yield. I'm not selling any time soon or anywhere at these prices. This looks like the start of a huge uptrend in terms of contract wins and growth. They are hooked onto two major tailwinds - green energy and data centres.
Back then, this was cheap as chips. Its balance sheet has always...
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Last
$1.61 |
Change
-0.050(3.01%) |
Mkt cap ! $423.7M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.65 | $1.59 | $607.8K | 378.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7464 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 2252 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.61 |
Change
-0.050 ( 2.22 %) |
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| Open | High | Low | Volume | ||
| $1.62 | $1.63 | $1.59 | 101001 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| SXE (ASX) Chart |