DOW 0.59% $5.10 downer edi limited

You make a good point IMO Bug But have a look at Cimic as as an...

  1. 10,988 Posts.
    lightbulb Created with Sketch. 656
    You make a good point IMO Bug
    But have a look at Cimic as as an example - there is a flood of infrastructure projects coming through, and more have been added in the last couple of weeks with the snowy and energy infrastructure in South Aus. Work in hand is huge, at about 3x annual revenue for DOW. This is higher than CIM which is at about 2.5x. There seems to be no letup in work coming through. Eventually there will be a down stage in the cycle of course, so maybe DOW was overvalued on a through cycle view, but the value of peers would need to fall as well, otherwise DOW will be arbitraged against their peers on the market.
    SWL has just received a takeover offer, UGL and MAH have or are being taken over. The sector is hot ATM.
 
watchlist Created with Sketch. Add DOW (ASX) to my watchlist
(20min delay)
Last
$5.10
Change
0.030(0.59%)
Mkt cap ! $3.425B
Open High Low Value Volume
$5.11 $5.18 $5.07 $10.14M 1.983M

Buyers (Bids)

No. Vol. Price($)
4 12687 $5.09
 

Sellers (Offers)

Price($) Vol. No.
$5.10 21289 1
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$5.10
  Change
0.030 ( 0.64 %)
Open High Low Volume
$5.09 $5.18 $5.07 442292
Last updated 15.59pm 28/03/2024 ?
DOW (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.