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
$1.29 |
Change
0.010(0.78%) |
Mkt cap ! $785.3M | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.30 | $1.27 | $235.5K | 183.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 13403 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 11891 | 11 |
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| Last trade - 13.35pm 28/06/2024 (20 minute delay) ? |
| SSM (ASX) Chart |