Not long ago the stock was trading around the $1 mark with the valuation based on last year's results. Even in the last report BFG management made mention of the stock trading well below it's real value either worked out against its peers, or on a straight PE or more importantly against its projected growth. Now that growth has come to fruition and there is no obvious reason why this growth should not continue, at the very least based on synergies of recent acquisitions, then a sp in the mid to upper $1's is more than reasonable. I'm even willing to stick my neck out and say $2 by this time next year would not be unreasonable. Even if that projection is a little ambitious then at the very least we should see a significant rise in dividend payments.
Not long ago the stock was trading around the $1 mark with the...
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Last
$1.28 |
Change
-0.030(2.29%) |
Mkt cap ! $410.5M | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.32 | $1.28 | $121.9K | 94.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 3845 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BFG (ASX) Chart |