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.
ROE is high because gearing is still high.A focus on ROE should...
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $286.9M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.6¢ | $2.122K | 37.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 263017 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 255847 | 4 |
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| Last trade - 10.15am 04/12/2024 (20 minute delay) ? |
| AMA (ASX) Chart |
