A PE of 30 is already factoring in a lot of growth - that is the nature of the metric.
But basing calcs on an NPAT one year plus from here is foolhardy IMO.
And I still have it as a buy because it's still a decent dip to take a position regardless of whether it does drop a bit from here because I fundamentally do agree that long term the prospects are still solid AF
Chart Update, page-56
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Last
$5.56 |
Change
0.030(0.54%) |
Mkt cap ! $4.025B | |||
| Open | High | Low | Value | Volume |
| $5.47 | $5.60 | $5.43 | $8.699M | 1.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9168 | $5.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.57 | 11368 | 2 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |