I guess if you buy it now around $32 on a PE ratio of about 22, what would be the reason for share price rise ?
it would need to be either substantial earnings growth, or else PE expansion back to the mid 20's.
I can't see either happening in the current environment.
WOW was on PE ratios well below 20 back in 2015 - 2016 ( average PE 16 in 2015 and as low as 11 in 2016 )
so it could well become cheaper.
I'd like to pick it up below $30 on a PE below 20
by the way, the 5 year chart looks like a big H&S pattern to me
WOW...radical thought...stick to RETAILING, page-253
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Last
$31.54 |
Change
0.080(0.25%) |
Mkt cap ! $38.52B | |||
| Open | High | Low | Value | Volume |
| $31.50 | $31.62 | $31.41 | $49.79M | 1.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 635 | $31.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.55 | 4163 | 3 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$31.51 |
Change
0.080 ( 0.16 %) |
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| Open | High | Low | Volume | ||
| $31.52 | $31.62 | $31.42 | 542158 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| WOW (ASX) Chart |