The fall in the share price is probably due to the company's comments that marketing costs will increase to 2.2% of TTV vs normal band of 1.5 - 2.0%, as per the ASX release of October 12. The market has probably interpreted this as a downgrade to 1H13 numbers.
On $390m of TTV for the first half (say) this equates to ~$1.9m of extra costs in 1H13. PBT in 1H12 was only $8.5m so this is a pretty material number, even if the higher costs are expected to be only temporary.
significant drop, page-8
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WEB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.56 |
Change
-0.060(0.79%) |
Mkt cap ! $2.966B | |||
| Open | High | Low | Value | Volume |
| $7.61 | $7.65 | $7.50 | $4.315M | 572.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1215 | $7.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.57 | 11719 | 11 |
View Market Depth
| Last trade - 13.26pm 06/09/2024 (20 minute delay) ? |
| WEB (ASX) Chart |