You are correct. Total contract value per brokers has been estimated at $500m. This is a very positive announcement and was reflected in the strong bid yesterday. This remains on a low PE with a very good yield.
SSM are also in the hunt to get a larger share of the Telstra wallet while I would also expect an acquisition this financial year given the strength on the balance sheet. The growth profile is there.
divergence from ASX, page-31
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Last
$1.24 |
Change
0.005(0.40%) |
Mkt cap ! $763.7M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.22 | $3.941M | 3.212M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2290 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 16871 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
0.005 ( 0.27 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.25 | $1.22 | 598153 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| SSM (ASX) Chart |
