Important point. The special crossings - over 350,000 yesterday at $10.50 - are being bought by institutions/funds. These types of investors are not looking for 10% returns and a 0.5% dividend. They are looking for multiples of the price they paid.
These shares that have been accumulated won't be coming back on the market.
In a world of diminishing alpha opportunities PME represents a potential major. Altium were at$8.50 in September last year and recently traded at $32.
Important point. The special crossings - over 350,000 yesterday...
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Last
$150.70 |
Change
3.560(2.42%) |
Mkt cap ! $15.74B | |||
| Open | High | Low | Value | Volume |
| $148.55 | $150.95 | $147.83 | $76.56M | 509.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76 | $149.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $150.74 | 4314 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PME (ASX) Chart |