The investment Carsales made in Argentina in 2017, albeit small at ~A$7m, looks to be a complete wipe after last nights Peso devaluation and ongoing weak macro environment. Carsales has a lot of irons in the fire when it comes to their overseas operations. I question how well they truely know these markets, particularly in Latin America. I suspect some of these will come home to roost in the next 12months.
The investment Carsales made in Argentina in 2017, albeit small...
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Last
$37.00 |
Change
-0.130(0.35%) |
Mkt cap ! $13.98B | |||
| Open | High | Low | Value | Volume |
| $37.04 | $37.13 | $36.28 | $38.79M | 1.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 641 | $37.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.09 | 574 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| CAR (ASX) Chart |