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
$1.18 |
Change
-0.005(0.42%) |
Mkt cap ! $723.7M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.18 | $1.17 | $1.483M | 1.262M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21740 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 9350 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.005 ( 0.60 %) |
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| Open | High | Low | Volume | ||
| $1.17 | $1.18 | $1.17 | 178159 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| SSM (ASX) Chart |