I think the market has misunderstood the recent profit number. Bell Potter just announced on their Linkedin that they have raised $536m in 1H21. Compare that to last years 1H of $1.1B. That they have still increased profit must mean that the rest of the business (excluding broking) has been growing very nicely. How BFG isn't valued at the same multiples as other high growth tech stocks remains a mystery to me.
I think the market has misunderstood the recent profit number....
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Last
$1.36 |
Change
0.005(0.37%) |
Mkt cap ! $434.6M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.36 | $1.35 | $8.486K | 6.282K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7881 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 25930 | 1 |
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| Last trade - 15.55pm 28/06/2024 (20 minute delay) ? |
| BFG (ASX) Chart |