That sounds like a very similar situation to 2003.
It may or may not recover in the short term.
What I have always known about chep is that IMO their business is one of the best moat businesses out there.
Not only do you need the pockets to replace all those pallets, its hard work changing over to anything else as well.
In it for the LT. If I had more capital Id top up... but Im a bit extended at the moment.. far too many bargains ... or Im out of touch ... either way both mean I have 0 capital to commit :(
That sounds like a very similar situation to 2003.It may or may...
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Last
$17.12 |
Change
1.450(9.25%) |
Mkt cap ! $23.84B | |||
| Open | High | Low | Value | Volume |
| $16.81 | $17.51 | $16.77 | $148.2M | 8.701M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $17.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.12 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| BXB (ASX) Chart |