Hi XForceOne,
You realise that there is nothing specific to MSB about your reasoning? You seem to think you have demonstrated that no share could have a valuation of 30 times EPS. But they do.
The error comes where you say "... a P/E of 30, as you might know, means that if I invested $100 today, it would generate $3.3 year after year". No, we don't know that. Because it doesn't. The market is forward-looking.
Mesoblast $200 is possible, page-59
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Last
$1.19 |
Change
0.030(2.60%) |
Mkt cap ! $1.330B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.17 | $8.694M | 7.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 54718 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 244912 | 15 |
View Market Depth
| Last trade - 12.26pm 07/05/2024 (20 minute delay) ? |
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Last
$1.19 |
Change
0.030 ( 3.84 %) |
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| Open | High | Low | Volume | ||
| $1.21 | $1.21 | $1.17 | 1473456 | ||
| Last updated 12.45pm 07/05/2024 ? | |||||
| MSB (ASX) Chart |