The higher rates have an impact but eventually businesses have to re invest in equipment and vehicles, etc anyway - the massive tax writeoffs were designed to get people to buy newer and better performing equipment, which improves incomes, but the instant tax write off creates tax liability in the successive year. That, equipment wearing out and the march of technology keeps people spending, but the success of this business is through the army of sales people they have mustered.
The higher rates have an impact but eventually businesses have...
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Last
96.5¢ |
Change
0.005(0.52%) |
Mkt cap ! $189.5M | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | 97.0¢ | 96.5¢ | $96.07K | 99.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3912 | 96.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.0¢ | 25000 | 1 |
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| Last trade - 15.59pm 17/09/2024 (20 minute delay) ? |
| COG (ASX) Chart |