Fair enough. I don't follow all that price action stuff. To me that is too speculative.
For me, what matters, is what the business is able to generate in earnings, how many of those earnings are returned to me (mainly by way of dividends), and how much those earnings can be expected to grow with the passage of time.
On that score, I struggle to see that there is much value here.
ARB, page-9
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Last
$40.22 |
Change
-0.280(0.69%) |
Mkt cap ! $3.311B | |||
| Open | High | Low | Value | Volume |
| $40.46 | $40.90 | $40.22 | $3.316M | 82.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 323 | $40.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.57 | 344 | 1 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| ARB (ASX) Chart |