Morningstar Quantitative put PET as overvalued on 3 October (fair value 93c). With revenue at $9.2m at half year accounts they are playing catch up to get to their forecast of $27-30m by 31 Dec. From a valuation perspective the current MC is baking in a lot of success (c. 29x psr off forecast $27m revenue at 31 Dec - and this is assuming they hit the number).
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