Current price reflects a PE of ~9x FY17 earnings. That's fairly cheap considering they are looking to grow over the next few years, reinstate dividends and sector is doing well as agri conditions are positive. Surely this needs to be rerated way higher than this. Its peers are trading on much higher multiples, namely AAC & GNC. One could easily see this way north of $6 and it will still be cheap.
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 (20min delay)
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Last
$7.68 |
Change
-0.080(1.03%) |
Mkt cap ! $1.468B | |||
| Open | High | Low | Value | Volume |
| $7.76 | $7.79 | $7.67 | $3.408M | 442.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 412 | $7.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 4308 | 2 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| ELD (ASX) Chart |