Who knows how long this lingers on for, but 28x PE without the growth doesn't make sense.
I can't see many new buyers coming in and offering that supporting the share price.
Asset values can only be supported longterm if the returns are there.
If you could get out at $9, that doesn't seem a bad price for what's currently on the table.
Else you could gamble on a quick resolution.
Now that we are here, I do fear that because the pain is small & targeted it doesn't make sense for Australian Government to yield, else it just shows weakness.
Who knows how long this lingers on for, but 28x PE without the...
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 (20min delay)
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Last
$8.21 |
Change
0.070(0.86%) |
Mkt cap ! $6.661B | |||
| Open | High | Low | Value | Volume |
| $8.14 | $8.37 | $8.12 | $126.8M | 15.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 28715 | $8.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.21 | 521033 | 4 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| TWE (ASX) Chart |