With the US bond yield curve now well above inflation, we maybe about to enter another period of PE expansion in the market as bond yields cool back to long term averages. High organic growth businesses such as MAD, may be bid up into the 30-50 PE range. In that environment a share price of $9 is certainly possible. I have seen stranger things happen.
Competition, page-7
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Last
$6.04 |
Change
0.080(1.34%) |
Mkt cap ! $1.208B | |||
| Open | High | Low | Value | Volume |
| $5.96 | $6.12 | $5.96 | $270.1K | 44.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1310 | $6.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.10 | 300 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MAD (ASX) Chart |