sold some today at $23.08
PNI is an aggregator, owner, distributor of funds management businesses. 2024 was a stellar year with the stock price up 129 per cent. PNI now trades on a forward price to earnings of 36 times for FY2025. This is excessive for the business that it is. Everything has to go right from here to justify this valuation, which seems unlikely. Time to take profits.
sold some today at $23.08PNI is an aggregator, owner,...
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Last
$21.98 |
Change
-0.020(0.09%) |
Mkt cap ! $4.984B | |||
| Open | High | Low | Value | Volume |
| $21.94 | $22.12 | $21.79 | $14.97M | 682.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2266 | $21.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.29 | 1174 | 1 |
View Market Depth
| Last trade - 16.10pm 04/08/2025 (20 minute delay) ? |
| PNI (ASX) Chart |