I guess once the market senses Growth is slowing it normalises the PE
On that basis what is "fair PE...15? If so that's what- a $600m company on $40m NPAT? Still room to come down another 1/3rd perhaps, on very loose numbers. Could test $3 or could just as easily bounce to $5 again. Depends on how good a sell the company can do. Although that release suggests they're not doing well at that
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