Another reason why 'Mr Market' isn't in love with SRV is that it views having A$120 million in cash as 'lazy', on the basis that if we wanted this sort of c.4-5 per cent return, we could purchase bonds/bank term deposits.
"He" may also dislike how the founder and associates have such a high percentage of issued capital, reducing the free float.
News: SRV Servcorp Ltd Posts FY Net Profit Attributable A$11.1 Million, page-8
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Last
$5.55 |
Change
-0.050(0.89%) |
Mkt cap ! $548.9M | |||
| Open | High | Low | Value | Volume |
| $5.60 | $5.62 | $5.54 | $132.1K | 23.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13999 | $5.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.69 | 4500 | 2 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| SRV (ASX) Chart |