"DOWNER EDI lost $248 million in market value this morning after taking a $250m provision over its Waratah rail project. "
Interesting comment from the article
Stocks are valued on the basis of earnings going forward.
Any lose will be reflected in the price.
Downer was worth $1,551m. it had a lose of $250m
It should be worth $1,301m
343m shares
$3.79
Price today at close is $3.61
could be undervalued.
"DOWNER EDI lost $248 million in market value this morning after...
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Last
$5.86 |
Change
0.080(1.38%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.81 | $5.90 | $5.80 | $6.596M | 1.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 20773 | $5.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.89 | 5693 | 2 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
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