MD stated last Nov that quality and quantity of sales pipeline was the best it had ever been, but the time taken converting RFP's to contracts has shifted out to 2.5 - 3 years.
With US healthcare legally mandated to shift to EMR (Electronic Medical Records) by end of 2018 I suspect there has been a root and branch review of technology needs within the sector, hence the delay in progress of contracts. That is, boards are unlikely to approve piecemeal changes until they have a full understanding of data needs in a holistic sense. As this evolves I suspect contracts will start to flow for PME.
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Last
$320.44 |
Change
-0.410(0.13%) |
Mkt cap ! $33.47B | |||
| Open | High | Low | Value | Volume |
| $322.00 | $324.50 | $319.41 | $21.69M | 67.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 270 | $320.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $321.01 | 71 | 2 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| PME (ASX) Chart |