PME pro medicus limited

High PE in a bear market will raise eye brows for any...

  1. 1,339 Posts.
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    High PE in a bear market will raise eye brows for any intelligent investor right now.
    Personally this has only just entered an accumlation zone for me but my buys are small - I anticipate a continuation of scary headlines for the rest of the year really. I am increasing my cash reserves overall but happy to average down in small parcels to hedge against the possibility of being wrong but I am only buying compelling offers. There are plenty going around right now.

    PME is a well run business, no debt, proven record and the future looks bright - I think this is priced into the current share price and that should leave holders with a degree of confidence.

    In the aftermath of the GFC many quality companies had share prices in the realm of 80% down. Those good companies that come back have gone on to create truly life changing gains for those brave enough to buy in. There is a good chance that that opportunity could be present in PME.
 
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(20min delay)
Last
$317.69
Change
3.010(0.96%)
Mkt cap ! $33.18B
Open High Low Value Volume
$319.39 $325.00 $316.78 $73.46M 230.0K

Buyers (Bids)

No. Vol. Price($)
1 225 $317.55
 

Sellers (Offers)

Price($) Vol. No.
$320.05 734 1
View Market Depth
Last trade - 16.10pm 10/07/2025 (20 minute delay) ?
PME (ASX) Chart
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