LOL Hopefull, agree with your sentiment, though the story does play to my own prejudices. MPL is lumped with general insurers, which have a relatively low PE, rather than with health providers, which have a relatively high PE. On that metric, if one metric is arguable, then MPL may yet get a higher rating.
Interestingly, MPL is not part of any index I can find (well, not on Commsec, which may or may not be up to date). This is understandable, given its recent debut. It does beg the question though: when it makes it onto the various indices (A&P 50, 200, and Health/Financials) will fund acquisition requirements give it a huge SP boost? When will it be admitted to the appropriate indices - come first dividend as a public company?
Am I mistaken?
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$3.90 |
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Mkt cap ! $10.74B |
Open | High | Low | Value | Volume |
$3.87 | $3.91 | $3.85 | $39.11M | 10.06M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1234 | $3.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.91 | 32188 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1234 | 3.890 |
10 | 122393 | 3.880 |
3 | 90518 | 3.870 |
4 | 33485 | 3.860 |
4 | 37893 | 3.850 |
Price($) | Vol. | No. |
---|---|---|
3.910 | 12511 | 4 |
3.920 | 97470 | 7 |
3.930 | 64697 | 4 |
3.940 | 25196 | 4 |
3.950 | 20978 | 2 |
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