ASX shares are looking good value right now. Fallen from $60+ to $32 over the past 12 months. That's a massive fall. If you add back the tax paid, the co is selling at an earnings multiple of around 12 or 13. Fantastic value in my opinion. Longer term, as the ease of use of net brokers attracts more mum and dad punters into the market, that can only mean more fees. Selling more structured products, derivatives, financial products, etc on the exchange also helps. Look at the earnings history of this company - they've only been going in one direction. Quality company selling at a great price IMHO.
ASX shares are looking good value right now. Fallen from $60+ to...
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Last
$65.57 |
Change
0.370(0.57%) |
Mkt cap ! $12.71B | |||
| Open | High | Low | Value | Volume |
| $65.64 | $66.07 | $65.15 | $10.96M | 166.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 344 | $65.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.63 | 593 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ASX (ASX) Chart |