Legume,
I think you are dreaming about $30 unless you think the ASX200 will hit over 5,000 by end of the year and then it's game on for everything.
Sure, MND is a standout performer for years but it's highly priced on a PE multiple. I know it has superior margins but why would I pay 15 times NPAT for a company that is continually breaking records? In my opinion, an astute investor is better off buying something with much lower PE ratio and same or better gross dividend yield.
What goes up always comes down. Just ask ILU holders - they thought they were bullet proof.
Ann: Preliminary Final Report , page-14
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Last
$12.42 |
Change
-0.010(0.08%) |
Mkt cap ! $1.222B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $12.50 | $12.30 | $2.678M | 215.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 516 | $12.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.45 | 647 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MND (ASX) Chart |