You could say the same for the run-up to $17 last month. Comparing to previous close it looks bad, comparing to Aug 2018 the price is up ~40%. Most metrics are up around 40% so that looks about right.
Even comparing it to last half; revenue is up 13%, gross revs up ~10% and NPAT down ~12% and price is flat from then.
It's always easy to anchor yourself to recent prices and see the current price relative to that, but compared to 12 months ago the current price seems like a reasonable response to continued growth.
You could say the same for the run-up to $17 last month....
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