Yes indeed, but the risk reward skews unfavorably the more rich the valuation gets, and particularly as a company grows larger and is optimised for profitability. Eventually, there will be significant reckoning, as we saw recently with Audinate.
Ann: PME Full Year Results, page-21
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Last
$209.86 |
Change
5.000(2.44%) |
Mkt cap ! $21.93B | |||
| Open | High | Low | Value | Volume |
| $207.24 | $209.86 | $205.60 | $24.72M | 118.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 238 | $209.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $209.95 | 280 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |