I think also that the market finds it hard to value companies today that have an operating profit but also large mark-to-market writedowns (and most do have the latter). Chairman of SGP Graham Bradley addressed this issue in a Lateline Business item last night .. its worth a look. Here's the ABC TV download link for those interested (the topic is "Call for changes in profit reporting):
http://www.abc.net.au/lateline/business/vodcast.htm
H
I think also that the market finds it hard to value companies...
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Last
$5.06 |
Change
-0.090(1.75%) |
Mkt cap ! $12.74B | |||
| Open | High | Low | Value | Volume |
| $5.17 | $5.18 | $5.05 | $26.37M | 5.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 252697 | $5.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.08 | 30740 | 3 |
View Market Depth
| Last trade - 16.10pm 20/11/2024 (20 minute delay) ? |
| SGP (ASX) Chart |
