For a mix of reasons (mostly financial) I have reduced my holding in this excellent company, as with a P/E in the mid50s it seems overpriced and the sp vulnerable to any reduced enthusiasm.
However my broker (while of the same opinion) is recommending that people look for entry or re-entry if the sp is 10%+ lower over the coming months on any general fall in enthusiam for tech (Au or US).
I hold a similar view - any other options re the sp and its trajectory?
Ann: TNE ARR up 21% and H1 Profit Before Tax up 17%, page-32
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Last
$24.25 |
Change
-0.110(0.45%) |
Mkt cap ! $7.907B | |||
| Open | High | Low | Value | Volume |
| $24.16 | $24.31 | $24.02 | $8.908M | 367.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 259 | $24.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.32 | 2402 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| TNE (ASX) Chart |