I see on P34 of the W/E Australian today, that 12% of companies listed on Nasdaq are selling on P/E ratios of 200 times and some are on 250% times. These are nose bleed levels and not seen since the heady days of the Dot Com boom earlier this century. Perhaps GSW should hurry up and garner some earnings and list on the Nasdaq.
I see on P34 of the W/E Australian today, that 12% of companies...
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