It is reasonable to sell off (although myself I am not selling). A company like PEXA is currently valued as for massive growth every year and almost forever. Right? This is not realistic of course. In a simplistic way, if the reported 24m NPATA for half year remains the same forever.. we have say $50m per year. PEXA sells for $2.3b, so unless there is growth we have a current P/E of ~46 (2300/50)... growth did not come.. thus the sell off.
But I am not selling.. this company is too good despite the upcoming slow down in the property sector that may last few years.
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It is reasonable to sell off (although myself I am not selling)....
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Last
$13.88 |
Change
-0.100(0.72%) |
Mkt cap ! $2.462B |
Open | High | Low | Value | Volume |
$13.96 | $13.97 | $13.81 | $2.425M | 174.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 965 | $13.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.89 | 800 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 290 | 13.800 |
1 | 500 | 13.670 |
1 | 300 | 13.500 |
1 | 175 | 13.450 |
1 | 720 | 13.430 |
Price($) | Vol. | No. |
---|---|---|
13.890 | 300 | 1 |
14.000 | 30 | 1 |
14.200 | 6864 | 2 |
14.250 | 90 | 1 |
14.330 | 320 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
PXA (ASX) Chart |
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