ROE is high because gearing is still high.
A focus on ROE should not be used when a company has high gearning, instead focus on enterprise value.
Yes AMA is attractive, but not because of its high ROE. Overtime as the company repays debt current ROE will decline significantly.
where is the upside?, page-3
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Last
5.9¢ |
Change
-0.001(1.67%) |
Mkt cap ! $286.9M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.1¢ | 5.8¢ | $126.4K | 2.136M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 729133 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 359639 | 4 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| AMA (ASX) Chart |
