The market has become immune to PBH’s announcements of approval in new states but it is still great news to obtain approval in a state with a population that is a third of Australia’s. In time this will obviously lead to increased revenue and the fact that licences are limited in each state limits competition. The way the approvals are going it seems states base their approvals now off the company being proven in other states so it is now easier for PBH to gain approval as they are already operating in several states.
The market has become immune to PBH’s announcements of approval...
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46.0¢ |
Change
0.005(1.10%) |
Mkt cap ! $149.7M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.3¢ | 45.3¢ | $371.9K | 813.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 23521 | 5 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| PBH (ASX) Chart |