how can an unprofitable, low margin competitive business be considered as decent? its a sub par business IMHO not decent. 25mil popn in aus, with fast food over penetrated, there is simply too many options for the consumer and no loyalty for anyone.
ITs valuation also was obscene $3bn at the top. So a subpar business at an obscene valuation. this is headed well under IPO price.
Morningstars Analysis of GYG and IPO price, page-45
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Last
$28.50 |
Change
-0.880(3.00%) |
Mkt cap ! $2.889B | |||
| Open | High | Low | Value | Volume |
| $28.86 | $29.30 | $28.50 | $1.213M | 41.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 429 | $28.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.50 | 18084 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| GYG (ASX) Chart |