From my experience, when this guy says something is overvalued it quickly doubles after lol
PME has been around 100x for as long as I can remember. For what ever reason quality stocks get high multiples (imagine that!!). I wouldn't even consider 7x to be high for this type of company, so imo it's well overdue for a rerate to a multiple more appropriate for a stock of this quality
From my experience, when this guy says something is overvalued...
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Last
$20.48 |
Change
0.030(0.15%) |
Mkt cap ! $6.854B | |||
| Open | High | Low | Value | Volume |
| $20.35 | $20.83 | $20.30 | $10.68M | 520.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1586 | $20.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.58 | 898 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| TLX (ASX) Chart |