For the last couple of years I had it in my mind to sell if PME got to $50 but now we are here I am now on the fence as to whether I should sell or continue to hold. I suspect that there are more contracts to be won.
Having gone up more than 60 times in the last 7 years the question becomes would the $$ be better invested in another company that may double or triple in the next few years. As stellar as PME has been it cannot keep on such a steep trajectory....
Having bought in 2014 at 78c I have sold 2/3 of my holding over the years so have banked considerable profits along the way - whatever I do will just add to those profits...
There goes $50
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Last
$174.04 |
Change
1.280(0.74%) |
Mkt cap ! $18.18B | |||
| Open | High | Low | Value | Volume |
| $173.00 | $175.83 | $172.00 | $35.60M | 204.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4 | $173.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $174.50 | 124 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PME (ASX) Chart |