that PE of 100-150 is grossly overstated. The market looks forward no backwards.
That said, tend to agree that the current valuation offers little upside
dyor
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caution - sell off soon
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While I can see the force of the backward looking valuation the market is known to price its participants on forward looking metrics.
When a causal observer like myself does that I see a rising demand from SE Asia - spot demand from China - yet to be defined demand from India - significant reduction in domestic competitors - improving financials - reduction transport costs - i.e. lower oil price for ships and trains - reduced machinery costs i.e. lower diesel and petrol costs - stable labour costs - alternative energy supply metrics based upon wind questioned - gas prices and supply volatile -.
Seems overall a good news story going forward all IMO and DYOR - There are more pages in this discussion • 18 more messages in this thread...
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Last
$7.70 |
Change
0.010(0.13%) |
Mkt cap ! $6.441B |
Open | High | Low | Value | Volume |
$7.74 | $7.74 | $7.64 | $35.03M | 4.557M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 36489 | $7.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.70 | 12215 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 535 | 7.690 |
3 | 2041 | 7.680 |
2 | 8504 | 7.670 |
3 | 8024 | 7.660 |
9 | 45940 | 7.650 |
Price($) | Vol. | No. |
---|---|---|
7.700 | 12215 | 3 |
7.710 | 25616 | 5 |
7.720 | 21051 | 3 |
7.730 | 23957 | 5 |
7.740 | 5572 | 2 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
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WHC (ASX) Chart |