Forget the price to book. The forward PE is currently around 27, which isn't bad for a company forecast to grow earnings by well over 20 per cent a year and absolutely dominates it's market. If you want to short it, short it, maybe you will make some money, maybe you won't, but I see nothing other than a great long term buying opportunity here (I bought some today)
Bearish Chart, page-9
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Last
$196.82 |
Change
-0.150(0.08%) |
Mkt cap ! $26.00B | |||
| Open | High | Low | Value | Volume |
| $195.72 | $199.97 | $194.78 | $25.02M | 127.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1591 | $196.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $197.09 | 113 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| REA (ASX) Chart |