Bell Potter have a price of $2.98 on this so I think $3 is pretty close. If these guys managed to increase profits 40% last year in a bad year then I'd say 40% again this year is definitely doable which at $3 would only be a PE of 15.5.
As for selling shares, well someone has just exercised 170K and 50K worth of options. Sounds possible David Clarke sold some shares to exercise Options. We'll find out in a couple of days.
Bell Potter have a price of $2.98 on this so I think $3 is...
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Last
$7.82 |
Change
0.020(0.26%) |
Mkt cap ! $3.043B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.89 | $7.66 | $4.707M | 605.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 2720 | $7.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.82 | 5483 | 20 |
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| Last trade - 11.57am 30/08/2024 (20 minute delay) ? |
| WEB (ASX) Chart |