Collecting GAB

I am not sure why the price keeps dropping, but perhaps this is a good opportunity to collect.

A recent graph by the Edge showed how wonderful its revenue and profit had been increasing, save for a slight dips in two of the 12 years featured.




Apart from the P/E which is around 20 at the moment, this counter still ticks all the right boxes, and with some superior numbers:

ROE 54.88%
ROI 39.43%
NP margin 12.31%
Debt/Equity 42%

I qeued at 12.90 and got 600 units early in the morning. Total holding now is 2 lots with an average price of 13.31. Commission was 42.83.