sell off Plenty of keen sellers in the market this morning. Does anyone know why?
If we use the forecast EPS for the current year of 9.5c, at the current price of 1.42, the PE is less than 15. Very reasonable for a high growth stock.
If you use the pre-consolidation EPS of .8c, which is on the ComSec site, the PE is 177. Comsec uses a combination of historical and forecast EPS to calculate the PE, that is where the 30+ PE comes from.
