Let's just ignore the entire market is down 3.3%~ today how do think TLX specifically is overvalued? It looks reasonably cheap on a P/S basis and forward earnings given the huge growth.
Can it go down more? Maybe. I don't have a crystal ball. I have made my money investing by buying good companies on sale and not selling unless the fundamentals change.
Edit: What basis are you picking $10. Just because it is nice round number or is there any analysis behind that?
Understanding Telix, page-1243
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Last
$18.26 |
Change
0.110(0.61%) |
Mkt cap ! $6.047B | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.27 | $17.92 | $8.687M | 480.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 824 | $18.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.27 | 1631 | 8 |
View Market Depth
| Last trade - 13.02pm 11/09/2024 (20 minute delay) ? |
| TLX (ASX) Chart |