You just have to love this stock.
The $10m contract just announced today, together with the $25m contract announced last month, makes a total of $35m.
This already exceeds the forecast from Goldman Sachs that PME would win a total of $33m worth of 7-year contracts for FY2021.
And there is still two thirds of the year to run !
The folk who collectively have 4.69% of PME shorted must be feeling like the waist band of their shorts is hooked over their ears today.
They are down circa $10m on the day.
That’s some wedgie!!! They must have steel balls.
Cheers
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 (20min delay)
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Last
$323.98 |
Change
-4.270(1.30%) |
Mkt cap ! $33.84B | |||
| Open | High | Low | Value | Volume |
| $323.50 | $327.58 | $318.07 | $45.58M | 140.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 70 | $323.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $324.85 | 66 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| PME (ASX) Chart |