imo current pe is not excessive, pe=5 for some resource stocks, 11 or 12 for bhp,rio
13-15 for banks.
If there is a correction I don't think it's big. Getting into cheap stock like GTP, WFT, EBI give U a margin of safety.
what proportion of your portfolio be in cash, page-10
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Last
$60.90 |
Change
-0.470(0.77%) |
Mkt cap ! $11.80B | |||
| Open | High | Low | Value | Volume |
| $61.08 | $61.08 | $60.58 | $14.59M | 239.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $60.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $60.92 | 16584 | 6 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |