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
$8.57 |
Change
-0.200(2.28%) |
Mkt cap ! $3.352B | |||
| Open | High | Low | Value | Volume |
| $8.62 | $8.65 | $8.57 | $9.476M | 1.102M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18451 | $8.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.61 | 1935 | 1 |
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| WEB (ASX) Chart |