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Remember just two weeks back NAB was $26/Share, today NAB is trading at $31/Share.
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Super is integral part of ASX and Australian Employment.
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Super is rising from 10% to 12% hence HUB NWL and PPS growth will be minimum 20% that's why higher PE.
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If Labor comes to power, expect the super to rise to 15%.
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At these price PPS is a bargain (That is my assessment), $65 Million Overseas business, I am sure Australian Business is worth far more than that.
Ann: PPS Investor Presentation - H1 FY2022 Results, page-53
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Last
59.5¢ |
Change
0.015(2.59%) |
Mkt cap ! $285.8M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 60.5¢ | 57.5¢ | $758.6K | 1.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 51500 | 2 |
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| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| PPS (ASX) Chart |