i fully agree, 50 p/e tech is nothing though, there are REITs in the tech sector with 50+ ev/ebitda, some saas have 100+ p/e. and look at the healthcare sector, 10% cagr stocks with 50 p/e.
unfortunately growth stocks are the hottest sht, market price in all the cashflow til judgement day, hence the dotcom bubble level multiples.
Can't see NST holding its share price, page-1061
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Last
$14.35 |
Change
0.330(2.35%) |
Mkt cap ! $16.49B | |||
| Open | High | Low | Value | Volume |
| $14.03 | $14.42 | $13.99 | $48.52M | 3.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1578 | $14.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.36 | 16157 | 3 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |