P/E Ratio - Which One Is Correct?, page-9

Me too. I did sell half above $9 thankfully, but I’ve been adding since $7 and almost back to my original holding. While I’m somewhat nervous of equities generally at present, and I agree buying a Toorak mansion before raising the money indicates market amateurism, I remain impressed by their business approach. I did well buying the dip the first time they sold down, and while this time I was clearly too early, if they can continue with close to their recent growth rate the P/E will be screaming off as we fall. I’ve still some firepower if they get back to $4.00, which is possible I suppose, although I expect the result and commentary to be upbeat.