PET
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0.00% 2.5¢ phoslock environmental technologies limited

PET is considered a risky stock, thus applying PE to it doesn't...

  1. bochman
    819 Posts.
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    03/10/19
    14:32
    Post #: 40708453
    PET is considered a risky stock, thus applying PE to it doesn't always make sense.
    For example, look at BUB, they have negative PE.
    A positive PE is actually better than a negative PE in this case....
    Obviously its PE ratio will need to go back down to 20-40 eventually, but people don't always require it to be in FY20, for example.
    PET Price at posting: $1.27 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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