Interesting idea - but I don't think it holds up. BOQ today just announce a record profit, up 46%.
Automotive is a very small part of FCL now, it's primarily rural services and agriculture. It's true the CEO has left - but I don't think Les was living up to expectations.
I've been concerned about FCL ever since Alan Newman left, to be honest. Now there was a guy who could pull an extra 10 or 20 million in profit from nowhere.
I've kept up my stake in FCL because I think when the drought breaks - properly - across the country, FCL will be a major beneficiary.
Interesting idea - but I don't think it holds up. BOQ today just...
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Last
$1.66 |
Change
0.030(1.84%) |
Mkt cap ! $561.6M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.71 | $1.65 | $251.0K | 149.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2046 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 5214 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FCL (ASX) Chart |