It probably will go lower because conditions are going to deteriorate, they are in a very competitive market and the ceo said the outlook is bad because of low immigration. They have a lot of debt, it's not a value business either and there's no growth, when you invest money you want to make sure that what you are putting your money into has strong growth prospects otherwise why take the risk?
That's what caused the slide in the share price, I don't see any compelling reason to invest.
It probably will go lower because conditions are going to...
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Last
$16.12 |
Change
0.030(0.19%) |
Mkt cap ! $21.59B | |||
| Open | High | Low | Value | Volume |
| $16.06 | $16.21 | $16.01 | $44.90M | 2.787M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $16.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.13 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$16.10 |
Change
0.030 ( 0.06 %) |
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| Open | High | Low | Volume | ||
| $16.07 | $16.21 | $16.02 | 1467260 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| COL (ASX) Chart |