Parallel with ALU is noteworthy.
Primarily software sales into US, with similar revenue/profit numbers to PME.
This last year they have achieved some critical mass......KA...BOOM goes share price.
Very possible PME could do a similar thing in 2019, if overall market conditions remain benign.
You see comments that they are expensive and on a backward PE basis that may hold.
One should be looking at their expanding footprint in a very large market.
Growth opportunity is enormous
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Last
$201.98 |
Change
1.980(0.99%) |
Mkt cap ! $21.26B | |||
| Open | High | Low | Value | Volume |
| $201.00 | $204.27 | $200.30 | $9.120M | 45.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19 | $201.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $202.05 | 18 | 3 |
View Market Depth
| Last trade - 12.45pm 08/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |