I agree there is so much fat to trim.
The prospectus had IMO very conservative forecasts.
This is ground floor for the healthcare bubble. Future growth here is coming in buckets.
I wouldn't squirm at $1.80, $2, $2.20. Wake me up @ $15.
The experts say sell, you are being fooled.
The defence of PE ratio. This lie is as big as they come, PE is insignificant to MPL. Factor in growth & cost cutting, this is trading at cost price. I actually think a PE of 40+ is reasonable value.
Trading 27 Nov, page-25
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Last
$3.73 |
Change
0.040(1.08%) |
Mkt cap ! $10.28B | |||
| Open | High | Low | Value | Volume |
| $3.73 | $3.75 | $3.68 | $18.74M | 5.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 157796 | $3.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.73 | 15289 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| MPL (ASX) Chart |