Just popped up on mine too, but the apparent lack of growth in the last two reports worry me.
Have they run out of runway for growth? Is this as good as it gets?
I guess this is why the premium has eroded. No growth, so it doesn’t deserve to trade at premiums it once commanded (PE of high 30’s and low 40’s).
Looks like costs aren’t reigned in. I also know a buddy who’s wife works in Iress. He complains she earns double his income - gotta wonder what sort of wages they pay over there!
Will continue monitoring.
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- Ann: IRESS Acquisition Lucsan
Just popped up on mine too, but the apparent lack of growth in...
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Last
$10.00 |
Change
0.045(0.45%) |
Mkt cap ! $1.880B |
Open | High | Low | Value | Volume |
$10.00 | $10.06 | $9.95 | $542.6K | 54.21K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 497 | $9.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.00 | 2349 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2624 | 13.190 |
4 | 22786 | 13.180 |
3 | 17245 | 13.170 |
5 | 20323 | 13.160 |
4 | 19894 | 13.150 |
Price($) | Vol. | No. |
---|---|---|
13.200 | 13937 | 7 |
13.210 | 14190 | 7 |
13.220 | 9293 | 5 |
13.230 | 15702 | 6 |
13.240 | 20101 | 5 |
Last trade - 11.18am 08/11/2024 (20 minute delay) ? |
IRE (ASX) Chart |