I guess it's all about valuations. When I imagine what valuation a stock like PME would command if it was based in the US and listed on NASDAQ it could be around the $5bn mark - suggesting an sp around the $50 AUD mark.
Such surmising makes an sp of $14 very realistic.
btw - there's some interesting technology behind Visage - especially in the comms area - could be having some effect on the sp.
I recall at the AGM, there were representatives from the Motley Fool organisation - does anyone know if any comments made by MF as a result of their attendance.
I am not an analyst dyor.
I guess it's all about valuations. When I imagine what valuation...
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Last
$123.89 |
Change
-0.720(0.58%) |
Mkt cap ! $13.06B | |||
| Open | High | Low | Value | Volume |
| $123.81 | $125.66 | $123.00 | $10.56M | 84.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31 | $123.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $123.89 | 9 | 2 |
View Market Depth
| Last trade - 12.48pm 08/08/2024 (20 minute delay) ? |
| PME (ASX) Chart |