After looking at the balance sheet FY2019, the net assets were about $23.5 billion.
With that being said, the current market cap is about $12 billion
Am I missing something or is this stock clearly undervalued?
After looking at the balance sheet FY2019, the net assets were...
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Last
$3.27 |
Change
0.060(1.87%) |
Mkt cap ! $16.98B | |||
| Open | High | Low | Value | Volume |
| $3.25 | $3.30 | $3.24 | $24.75M | 7.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 159286 | $3.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.27 | 3651 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SCG (ASX) Chart |