SHL 0.60% $26.76 sonic healthcare limited

Revenue can only be recognised when the Pathology tests are...

  1. 450 Posts.
    lightbulb Created with Sketch. 125
    Revenue can only be recognised when the Pathology tests are performed, not when they sign a contract with a government. no way for them to claw back revenue unless they prove that the tests were not done (highly unlikely).

    Fundies have smashed us today 5%, probably off the back of covid revenue decrease, which is ridiculous and was obviously forseeable. the pandemic is over, its business as usual, base business revenue is growing, very clean financials and a consistent dividend being paid. Whats not to like? if it gets to <$31, ill be buying some more.
 
watchlist Created with Sketch. Add SHL (ASX) to my watchlist
(20min delay)
Last
$26.76
Change
0.160(0.60%)
Mkt cap ! $12.85B
Open High Low Value Volume
$26.58 $26.76 $26.43 $26.90M 1.008M

Buyers (Bids)

No. Vol. Price($)
1 449 $26.72
 

Sellers (Offers)

Price($) Vol. No.
$26.76 5727 2
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
$26.72
  Change
0.160 ( 0.59 %)
Open High Low Volume
$26.49 $26.74 $26.43 93535
Last updated 15.59pm 10/05/2024 ?
SHL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.