P/E 16 but the Australian had article on IPO listed in last 12 month. This weeks business section most underwater the worst by 95%.
People just don't go for them. I wouldn't touch them I used to before GFC.
My reading would indicate they are going top make markedly less in next 12 month.
The DAx did a plummet and recovery I sold half my shorts when it started moving up fast. FTSE had bad day different to rest of markets?
USA just cant give up!
