vic, some of our Top 200, if not most of them are trading at fairly high PE’s. TLS, everyone’s favourite looks like it has a promising future but looks overvalued? thorburn has a bit to say about high PE’s whilst making a point about banks from memory.
some energy stocks might be a good defensive play.....Li is flying, climate change is huge and Black Rock are ‘going green’.....a contrarian play as insurance for mine
