And at that point the company will be posting two consecutive years of 200% earnings growth. I keep seeing target P/E ratios of 20x or 25x... A PEG ratio for a noncyclical stock of 0.1, are you kidding me? PE will likely settle much higher than most people are expecting, imo. The results are probably already attracting a new set of investors who are comfortable with higher multiples in exchange for high growth.
And at that point the company will be posting two consecutive...
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Last
72.0¢ |
Change
-0.005(0.69%) |
Mkt cap ! $44.95M | |||
| Open | High | Low | Value | Volume |
| 72.5¢ | 72.5¢ | 72.0¢ | $8.467K | 11.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4540 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 500 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ANO (ASX) Chart |