global downturn has seen a multiples contraction. Ofx is not immune.
Ofx saw a huge run up over 2018, profit taking.
1st half result surprised to downside with unexpectedly high costs which they claim will come through to bottom line in 2nd half.
Extra 4m on trying to acquire currencies direct doesnt help.
positives are top line growing nicely and a bit of a tailwind from fx volatilities and a weaker aud.
I like this spot to put on a bit more of a position.
Flying, page-21
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Last
$2.21 |
Change
0.020(0.91%) |
Mkt cap ! $530.3M | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.21 | $2.16 | $622.2K | 283.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3316 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.21 | 4091 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| OFX (ASX) Chart |