This was close to 20% of PF, now reduced to a little under 10%.
Given this is still a low margin business with a moderate amount of debt, not a high multiple. Likely 12x forward or something like that - roughly speaking. I don't think I'll see that multiple again.
That might sound unreasonable, but please keep in mind I have to compare to the likes of NTD, which is trading at about 5-6x forward, conservatively.
Short Attack - Price Manipulation, page-56
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Last
$9.32 |
Change
-0.080(0.85%) |
Mkt cap ! $1.689B | |||
| Open | High | Low | Value | Volume |
| $9.35 | $9.40 | $9.28 | $541.4K | 58.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 469 | $9.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.33 | 1223 | 16 |
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| Last trade - 12.31pm 01/10/2024 (20 minute delay) ? |
| DDR (ASX) Chart |