We initiate coverage on Objective OCL with a fair value estimate of AUD 5.50 per share and a narrow economic moat rating. We view Objective as a company that has successfully carved out its niche but ...
The projected fair value for Objective is AU$10.90 based on 2 Stage Free Cash Flow to Equity Objective's AU$12.25 share price indicates it is trading at similar levels as its fair value estimate Our ...
The Australian Department of Defence, or DoD, has decided not to renew a key contract with Objective. Shares more than halved intraday before recovering slightly, leaving them down close to 40%.
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