Exactly this.....its not impossible but they are morphing into a financial company rather than tech and industry average PE of 12.
There could well be over a billion shares in issue on next two years so $30 would require $250 million post tax profit , I just don't see that happening
Chart - Z1P, page-2894
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Last
$2.75 |
Change
-0.040(1.43%) |
Mkt cap ! $3.590B | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.85 | $2.72 | $32.47M | 11.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39955 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.76 | 144889 | 6 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |