Let's just ignore the entire market is down 3.3%~ today how do think TLX specifically is overvalued? It looks reasonably cheap on a P/S basis and forward earnings given the huge growth.
Can it go down more? Maybe. I don't have a crystal ball. I have made my money investing by buying good companies on sale and not selling unless the fundamentals change.
Edit: What basis are you picking $10. Just because it is nice round number or is there any analysis behind that?
Understanding Telix, page-1243
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Last
$18.10 |
Change
-0.050(0.28%) |
Mkt cap ! $6.047B | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.12 | $17.92 | $6.210M | 344.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1610 | $18.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.11 | 2736 | 21 |
View Market Depth
| Last trade - 11.50am 11/09/2024 (20 minute delay) ? |
| TLX (ASX) Chart |