Anyone got an opinion on this stock given the recent 25% drop? I previously held OFX and liked the fact that they had no debt and a strong cash position. It seems they took on debt to aquire another business. Seems like it could be a good time to get back in now that valuation has come back down to a more sensible level.
Thoughts?
Recent drop
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Last
$2.23 |
Change
0.000(0.00%) |
Mkt cap ! $535.1M | |||
| Open | High | Low | Value | Volume |
| $2.22 | $2.24 | $2.21 | $3.175M | 1.424M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 802 | $2.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.23 | 7282 | 3 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| OFX (ASX) Chart |