PE 30, PE 40, PE 50?
At these levels all you are talking about is market sentiment rather than any form of valuation as it is pretty speculative to suggest a company can keep growing earnings sustainably at 40 to 50% per annum. Of course it is possible, but IMO this sort of sweet spot will not last for long.
APXs run has been remarkable which in my view means some sort of pause is well overdue.
Either way, as said, I'm not unhappy.
Gosouth
APX hits the big league!, page-11
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Last
$1.09 |
Change
0.005(0.46%) |
Mkt cap ! $244.1M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.11 | $1.03 | $3.254M | 3.017M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55010 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 7422 | 7 |
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| Last trade - 11.06am 09/09/2024 (20 minute delay) ? |
| APX (ASX) Chart |