Ann: Worldline Partnership enhances Paydentity Services across EU, page-25

Stocks priced for growth can be on a PE of 200 or more without a problem. Look at HUB24 for example. That was a 30c stock a few years ago. Huge growth and at A$6.51 it still has a PE of 176 on training earnings or Estimates of 94 x.

The point is a stock like this on a huge growth trajectory can easily justify a PE of 200, as long as investors believe the growth story.

Based on that I would assume this stock is on the radar of a few analysts, and once they feel comfortable they will instigate research. The shareprice then moves as professional investors are shown the company and volume pushes up interest and price.

I am guessing that the next quartelry will be very upbeat and that could be the catalyst to propel this higher.

Toot Toot - the ISX train is leaving the platform for higher prices. All aboard!!