I grow increasingly sceptical of ASX market caps.
Valuations seem to be based more on manipulation than fundamental accounting.
BHP MC $224B with FY2023 EBITDA $28B. x8.
IGO MC $5.3B with FY2023 EBITDA $1.9B. x2.8.
I know its not that simple, but that's a huge discrepancy.
I grow increasingly sceptical of ASX market caps.Valuations seem...
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Last
$5.87 |
Change
0.040(0.69%) |
Mkt cap ! $4.445B | |||
| Open | High | Low | Value | Volume |
| $5.90 | $5.93 | $5.82 | $16.16M | 2.747M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8643 | $5.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| IGO (ASX) Chart |