captain
i appreciate your "homegrown" and "folksy" analysis style- i appear to be guilty of it myself at times!
however, your statement of "a business of revenue of $1 b should surely bring at least $1 b "- that is a rough guide for "normal" businesses where a profit margin in excess of 12% may apply and hence would sell at 8 to 12 times profit ( varies of course ) and hence over $1 b!
elders rural has slim margins and also is an "agent" in the rural sector so some of their "turnover" may well be where they only book 4-5% of it as income- i am not sure of how it appears in their accounts! i would have thought they should only book their commission in their accounts and not the principal value but i see some debate about it on this thread!
disclosure - sold pa shares near $40
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Last
$8.54 |
Change
0.010(0.12%) |
Mkt cap ! $1.349B |
Open | High | Low | Value | Volume |
$8.48 | $8.55 | $8.37 | $2.707M | 319.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1 | $8.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.55 | 1502 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5962 | 8.450 |
1 | 1500 | 8.400 |
2 | 1500 | 8.370 |
1 | 120 | 8.340 |
1 | 200 | 8.330 |
Price($) | Vol. | No. |
---|---|---|
8.660 | 1000 | 1 |
8.690 | 10000 | 1 |
8.700 | 403 | 1 |
8.730 | 36 | 1 |
8.750 | 1244 | 1 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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