Also the earnings are stable and annuity in nature plus management are proven. Higher PE is warranted as there is no shortage of simple bolt on acquisitions to come from this fragmented market. If GEM was a stock like WTF with intense competition, no growth and little ability to acquire then 10 would seem right, I see a diff story here.
The main danger to the run is if legislation ever changes on the rebates.
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Last
$1.16 |
Change
-0.015(1.28%) |
Mkt cap ! $891.1M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.16 | $680.7K | 588.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 188454 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 20488 | 2 |
View Market Depth
| Last trade - 16.11pm 23/06/2025 (20 minute delay) ? |
| GEM (ASX) Chart |