Morningstar are fools! They have no idea how to value a company IMO. They use a formula that is not able to factor in potential appropriately, and they have no idea about risk. They will undervalue growth companies and not value risk appropriately- best example of the latter was Slater and Gordon, which was a ‘buy’ all the way down from about $7, and kept being a buy as the prices dropped and performance and debt issues increased. I used to be a subscriber but they were wrong so many times it became pathetic. Don’t know why anyone listens to them.
Morningstar are fools! They have no idea how to value a company...
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Last
$132.61 |
Change
2.030(1.55%) |
Mkt cap ! $20.23B | |||
| Open | High | Low | Value | Volume |
| $130.75 | $132.61 | $130.56 | $94.47M | 713.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32 | $131.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $132.61 | 4750 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| XRO (ASX) Chart |