I don’t think it is overvalued. I have been using heart rate monitors for years with great results, and I think RMD is going down the same route. They are buying software companies and monitoring all manner of things related to breathing eg asthma, sleep apnea. They may be developing a CO2 max machine that you can use with an iphone as we speak.
the PE was over 30 and it is now down to 26. Fairvalue
oversold, page-69
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Last
$35.76 |
Change
0.790(2.26%) |
Mkt cap ! $22.63B | |||
| Open | High | Low | Value | Volume |
| $35.27 | $35.79 | $35.20 | $10.17M | 286.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2634 | $35.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.76 | 512 | 4 |
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| Last trade - 11.04am 01/10/2024 (20 minute delay) ? |
| RMD (ASX) Chart |