i commented on this a few mths ago in another PLT discussion thread , i think PLT is soild company ,
but i think the biggest problem will be the market will treat these small loan companies with the same PE as bank stks , IE: 12 P/E,
so to justify current mkt cap , we need $10 mill NPAT, and to get back any where close to IPO price we need to double that to $ 20 mill
of course , i only have come to this conclusion 6 mths after buying the stk, so I'm in the shit bascially
i commented on this a few mths ago in another PLT discussion...
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Last
66.0¢ |
Change
0.005(0.76%) |
Mkt cap ! $115.7M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 66.5¢ | 65.0¢ | $18.29K | 27.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2390 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 62884 | 2 |
View Market Depth
| Last trade - 15.29pm 04/09/2024 (20 minute delay) ? |
| PLT (ASX) Chart |