Although gloves and condoms aren't hard to replicate, you want to be sure that you trust the company producing them, as there is a lot riding on it.
The USD is weakening which is very good for ANN.
They have been buying back AUD shares at $0.70 to $0.73 - they are getting bang for their buck in the buy-back. Hopefully they slow down now that the USD is weakening.
It's a solid company with good growth prospects throughout emerging markets.
Good long term shares, as the products it produces won't be changing anytime soon, and they have strong trusted brands, with significant market share.
The return per share in FY17 will be good I think.
Although gloves and condoms aren't hard to replicate, you want...
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Last
$33.16 |
Change
0.090(0.27%) |
Mkt cap ! $4.584B | |||
| Open | High | Low | Value | Volume |
| $33.10 | $33.23 | $32.88 | $6.497M | 196.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 157 | $33.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.16 | 1169 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| ANN (ASX) Chart |
