PLT 0.00% 73.5¢ plenti group limited

Ann: Strong credit supports profitable growth, page-7

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  1. 426 Posts.
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    Small caps are being hit very hard lately.

    Pretty much on par with the GFC and Covid crash if you look at PE ratio of indices like the S&P600 small cap index.

    People are very worried about the recent massive rises in interest rates and how bad the recession will be in 2024.

    So I would agree that it is probably the macro picture that is causing the downturn in this stock.
 
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