True
Market is forward thinking
At a pe of 40 and company will make easily 20m npat market cap is like 55c per share about 800m cap , now how do you price in growth ? Answer ? Plenty of opinions and volatility
Hence higher pe is needed here to reflect growth and a monopoly control in the treatment of hypohidrosis,remember European and Australian approval to come all this will fuel earnings
in two years this will be over $1 per share easy or even one year let’s see
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $669.7M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.5¢ | 36.5¢ | $2.548M | 6.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 96148 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 782479 | 9 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| BOT (ASX) Chart |