Highett,
Have you taken into account what it costs to produce the type of shoes Accent Group market and what they sell at?
My grandchildren are all heavily involved in sport and their sports shoes cost a fortune which they grow out of before they are anyway near worn out!
Sport and casual walker shoe market is highly profitable especially if the company is well managed.
I invested in both Accent and Telstra at the same time with the equal amount of capital in both companies, Accents dividend for the half year was better than Telstra's.
Those points are probably why Accents share price keeps rising IMO.
Maybe check out the company and who is involved in it and you may elect to become a shareholder.
Cheers,
dapper
AX1 Price at posting:
$1.52 Sentiment: Buy Disclosure: Held
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