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
$18.29 |
Change
-0.070(0.38%) |
Mkt cap ! $5.963B | |||
| Open | High | Low | Value | Volume |
| $18.38 | $18.44 | $18.29 | $5.211M | 284.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 16895 | $18.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.40 | 384 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TNE (ASX) Chart |