a PE of 30 is nothing compared to what other darlings of the market growth stocks are at . Think Appen, Altium, Csiro and more. P/E is important but CBA's and other lower growth stocks have lower rates as they do not grow the business sixty percent a year.
I believe my tech shares will go down quickly in a recession, milk formula of the specialist kind however is a staple
and with thirty percent of Chinese being lactose intolerant ( I am not Chinese but lactose intolerant and the impact of drinking A2 is huge for me) and no competition right now. its a no brainer . Around ten is a decent long term buy.
Chart Update, page-968
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$5.59 |
Change
-0.110(1.93%) |
Mkt cap ! $4.026B | |||
| Open | High | Low | Value | Volume |
| $5.71 | $5.73 | $5.55 | $12.27M | 2.177M |
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| No. | Vol. | Price($) |
|---|---|---|
| 44 | 61943 | $5.58 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.59 | 10773 | 16 |
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