"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
$5.71 |
Change
-0.050(0.87%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.82 | $5.85 | $5.71 | $3.075M | 533.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23129 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 1925 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
