Previous close | 2.3200 |
Open | 2.3100 |
Bid | 2.2700 x N/A |
Ask | 2.3100 x N/A |
Day's range | 2.2400 - 2.3500 |
52-week range | 1.8500 - 3.3800 |
Volume | |
Avg. volume | 693,334 |
Market cap | 629.295M |
Beta (5Y monthly) | 1.04 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The Australian market is on the cusp of another record high, buoyed by strong performances in global indices and robust commodity prices, particularly in iron ore and precious metals. In this thriving environment, identifying growth companies with significant insider ownership can be a strategic move for investors looking to align with those who have a vested interest in their company's success.
As the ASX200 prepares for a lower opening, influenced by global market reactions and local corporate developments, investors are keenly observing how these factors impact their portfolios. In such a fluctuating environment, growth companies with high insider ownership can offer a unique advantage, as they often reflect strong internal confidence and alignment with shareholder interests.
Over the last 7 days, the Australian market has remained flat, though it is up 7.8% over the past year with earnings forecast to grow by 13% annually. In this environment, growth companies with high insider ownership can be particularly attractive as they often signal confidence from those closest to the business.