TNE looks set for explosive growth in the next few years. The PE is high, but it always is. I think you have to look beyond the PE. The company is well managed by people with plenty of skin in the game. I like the heavy focus on R&D and the cloud and the fact that these costs are fully expensed in the year incurred. There's no debt, lots of cash, and an abundance of opportunities to grow the business in overseas markets. At $5.18 per share you are paying a fair price for a share in an outstanding business. I bought more today to hold long term. All IMHO, DYOR.
TNE looks set for explosive growth in the next few years. The PE...
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Last
$18.60 |
Change
0.150(0.81%) |
Mkt cap ! $6.061B | |||
| Open | High | Low | Value | Volume |
| $18.45 | $18.70 | $18.43 | $19.53M | 1.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $18.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.60 | 3730 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TNE (ASX) Chart |