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
$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 |