Borrowing so much to buy tells me they intend to take advantage of the strong balance sheet to sweat the asset - that's been the PE game since the 1980's.
I have a different perspective to ROE also, the concept is important.
Borrowing so much to buy tells me they intend to take advantage...
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Last
$7.02 |
Change
0.180(2.63%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.03 | $6.91 | $81.59M | 11.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 125302 | $7.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 766 | 1 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |