You are correct it does seem to be well managed and it is making money, however a relatively small percentage of the company is actively traded much of the stock remains in the founders control. If this was to enter the market the price could drop rapidly.
The company itself doesn't have much money or ability to raise money for additional acquisitions. If you compare Wisetech to it's competitors it is minor player when comparing the breadth or depth of it's offerings and it's acquisitions have all been small Mom and Pop style companies that it picked up cheaply.
I don't believe you will see future growth rates above what was shown in the last results, it doesn't make Wisetech a bad company - just a bad investment at these prices.
You are correct it does seem to be well managed and it is making...
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Last
$127.09 |
Change
2.220(1.78%) |
Mkt cap ! $42.50B | |||
| Open | High | Low | Value | Volume |
| $126.09 | $127.78 | $125.58 | $50.50M | 397.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $127.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.48 | 1500 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WTC (ASX) Chart |