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
$1.16 |
Change
0.070(6.45%) |
Mkt cap ! $1.318B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.20 | $1.11 | $20.88M | 17.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 59978 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 34019 | 3 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.15 |
Change
0.070 ( 5.63 %) |
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| Open | High | Low | Volume | ||
| $1.12 | $1.20 | $1.12 | 3733217 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| MSB (ASX) Chart |