LEI
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1.67% $20.71 leighton holdings limited

why is the price of lei falling, page-22

  1. Reaper11
    20,370 Posts.
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    15/07/08
    11:58
    Post #: 3992135

    I think it's falling due to PE compression. A lot of high PE stocks EG Woolworths, Orica have fallen a lot in the past few weeks. It's hard to keep trading at 25 times earning when the rest of the market's trading at 11, no matter how good the growth story.
    LEI Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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