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...
Add FCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.86 |
Change
0.005(0.27%) |
Mkt cap ! $619.1M | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.86 | $1.77 | $37.56K | 20.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9789 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 5466 | 2 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| FCL (ASX) Chart |