Thanks Jaywin, i really liked that ACX, took me while to like it but it was great and very sad to see Oracle gobble em up, i also see Buffet has taken a stake in Oracle recentlyish or increased it.
I'm glad you've been in business and say ............" However, I have been in business long enough to agree with you on your point where if there’s a juicy 30% margin to be made by say company A, surely company B, C and D can’t be content with making 9-15% margins. They would be thinking to themselves “how can I get a piece of that action?”
If you understand that then really we should be able to assume the margins of 30% can't be sustainable into the future, thats even without VGI reports, as there will be blue heelers attacking the ankles so even if your long i would be looking for any signs of blue heelers running around as that would help my timing with cashing in on a forward looking lofty market valuation or SP......Buy low, sell high and all that.
Fish.
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Last
$15.53 |
Change
0.090(0.58%) |
Mkt cap ! $2.270B | |||
| Open | High | Low | Value | Volume |
| $15.59 | $15.66 | $15.44 | $1.750M | 112.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 257 | $15.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.54 | 1479 | 21 |
View Market Depth
| Last trade - 14.39pm 15/07/2025 (20 minute delay) ? |
| CTD (ASX) Chart |