You say its at a discount- I am not an actuary and this is a moving target so I cannot work out whst is its underlying value. Have thought about engaging with investor relations but have found them to be fluffy rather than enlightening in other companies.
I dont know how to value this as the decreasing turnover and fixed cost structure makes profitability very sensitive to changes in income and outside environment.
As a result I think its worth around $5.00 but that is gut feel and I would prefer them to keep buying back at the best rate as this will protect remaining shareholders.
This I think has risk but I cannot quantify how much risk. Anyone have any input?
You say its at a discount- I am not an actuary and this is a...
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Last
$3.88 |
Change
0.010(0.26%) |
Mkt cap ! $1.124B | |||
| Open | High | Low | Value | Volume |
| $3.94 | $3.95 | $3.88 | $1.218M | 313.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 27026 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 791 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| HLI (ASX) Chart |