They are not that cheap. $1.45 is a 1b market cap. let's say they earn $100m revenue and let's say $10m bottom line Npat FY24 as an example, that's a PE of 100 in an environment we're cash, offset accounts are at 6%+ risk free. I get it that buying stocks is about future earnings and if poly keeps growing that revenue consitently a $1.45 I believe is a great deal if your willing to give 5+ years to grow into a multi billion dollar market cap.
They are not that cheap. $1.45 is a 1b market cap. let's...
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Last
$2.34 |
Change
-0.040(1.68%) |
Mkt cap ! $1.615B | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.43 | $2.33 | $1.728M | 733.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4407 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 16721 | 2 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |