~15x revenue, proforma growth ~10%pa, seems very much overvalued.
Key things for me are also: inability to set their own prices, they charge a fee not a commission.
Reading their prospectus, I don't have a clue why they are valued so high. I am probably missing something but it isn't clear at all.
IPO, page-2
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Last
$13.83 |
Change
0.090(0.66%) |
Mkt cap ! $2.448B | |||
| Open | High | Low | Value | Volume |
| $13.87 | $13.89 | $13.75 | $2.281M | 165.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 330 | $13.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.85 | 2013 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| PXA (ASX) Chart |