PPS 0.00% 54.0¢ praemium limited

$400m market cap, quite a lot of cash but concerned about the PE...

  1. 5,980 Posts.
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    $400m market cap, quite a lot of cash but concerned about the PE multiple given growth will slow post he UK sale.

    Why would management undetake a buy back when they ar epriced on such a high PE when thereis so many complimentary buisnesses they could acquire at a much lowe rmultiple , time for NWL to return to save this from running out of cash under a senseless buy back. Cost of equity buying back stock is far to high and a sign of being rudderless
 
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