PME pro medicus limited

I don't follow this company closely at all So can someone...

  1. 1,994 Posts.
    lightbulb Created with Sketch. 168
    I don't follow this company closely at all
    So can someone explain why management have decided on a buy-back
    Usually a buy-back is done when shares of the company are cheap
    PME shares are not cheap

    SO I am thinking this a real bad allocation of capital.
    But I could be missing something
 
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(20min delay)
Last
$319.77
Change
-3.440(1.06%)
Mkt cap ! $33.40B
Open High Low Value Volume
$319.00 $321.94 $315.37 $50.01M 156.9K

Buyers (Bids)

No. Vol. Price($)
2 72 $317.70
 

Sellers (Offers)

Price($) Vol. No.
$319.81 24 1
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
PME (ASX) Chart
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