ALQ 3.19% $16.16 als limited

Shareholders need a Huggie now Sorry - couldn't resist :-/ Last...

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  1. 7,719 Posts.
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    Shareholders need a Huggie now
    Sorry - couldn't resist :-/

    Last time I thought this was a short it had an insane rally - couldn't see why - but couldn't argue with the market - that was late May.

    If you double the first half guidance (would be very optimistic) and give it a 16x multiple -we are about there now. However if you assume that H2 will be worse, maybe we have some way to go. Also maybe 16x is too high - I doubt there is a bright future for ALQ just around the corner, so the market is probably factoring in worse results for the time being. If they were to become a price taker - could net (NPAT%) margins hit near zero at some stage just to keep their labs ticking over? That would probably be a definite bottom.
 
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Last
$16.16
Change
0.500(3.19%)
Mkt cap ! $6.624B
Open High Low Value Volume
$15.94 $16.32 $15.85 $19.49M 1.206M

Buyers (Bids)

No. Vol. Price($)
2 4333 $16.15
 

Sellers (Offers)

Price($) Vol. No.
$16.16 370 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
ALQ (ASX) Chart
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