It is certainly priced for growth as the PE has blown out and the div yield has fallen significantly at present sp.
I imagine price will fall back if further international sales do not occur in the short term, which could prove a buying opportunity (if it happens). Long term I would speculate that over 50c sp is likely as demand increases for their unique cost saving products and services.
It is certainly priced for growth as the PE has blown out and...
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Last
70.5¢ |
Change
0.005(0.71%) |
Mkt cap ! $81.14M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 69.5¢ | $49.85K | 71.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3368 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 10792 | 1 |
View Market Depth
| Last trade - 12.35pm 29/07/2024 (20 minute delay) ? |
| LBL (ASX) Chart |