Neil
I think it is brave, even at these high share price levels.
Market cap is $6bn.
Last quarter they made $190m profit. If you exclude inventory gains of around $45m, you are left with around $150m profit.
If you times that by 4, you get around $600m profit.
Not sure whether they can achieve that, but if they do that, you get a PE of only 10.
NeilI think it is brave, even at these high share price...
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Last
$30.99 |
Change
-0.280(0.90%) |
Mkt cap ! $7.384B | |||
| Open | High | Low | Value | Volume |
| $30.88 | $31.18 | $30.79 | $40.92M | 1.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24 | $30.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.99 | 7541 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| ALD (ASX) Chart |