We have to be realistic, it has run harder year to date. With EBIT up to 10m this financial year, the PE ratio is more than 100, assuming next year production volume hits 45ton, that is about 120m, EBIT about 4 cents. The momentum can push SP to $2, but it has to be backed by fundamentals. In my view $1.5 is a fair value without any other big projects. Near term, the price will be under pressure together with market. It may test the $ 1 again
- Forums
- ASX - By Stock
- PET
- Another buy recommendation from The Bull.
Another buy recommendation from The Bull., page-14
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PET (ASX) to my watchlist
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PET (ASX) Chart |
Day chart unavailable