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.
MD stated last Nov that quality and quantity of sales pipeline...
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Last
$320.85 |
Change
0.930(0.29%) |
Mkt cap ! $33.51B | |||
| Open | High | Low | Value | Volume |
| $321.22 | $324.87 | $320.03 | $32.81M | 102.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 70 | $320.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $322.45 | 70 | 2 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| PME (ASX) Chart |