Re the comparison to MYOB, its interesting that MYOB trades at a premium PE to RKN. While MYO does have a more international spin to its business and hence you could assume a higher growth rate for the stock compared to RKN, MYO also has to spend a lot of cash on R&D which RKN is spared of thanks to its agreement with Intuit.
Any other reasons why MYO might be priced higher than RKN in terms of PE ratio?
Thanks
J.
looking weak, page-4
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Last
52.5¢ |
Change
-0.020(3.67%) |
Mkt cap ! $59.48M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.0¢ | 52.5¢ | $12.20K | 23.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32068 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 543 | 1 |
View Market Depth
| Last trade - 14.18pm 28/06/2024 (20 minute delay) ? |
| RKN (ASX) Chart |