Ann: Company Announcement - Interim Results, page-24

What intrigues me is that PME now has a 1.7 bn market cap and the founders still hold nearly 60% of the shares.
if a big global software house wants to take it out they will have to get the founders on side first and there is also no sign of a substantial shareholder notice

the recent contract wins will deliver good growth in revenue in the coming few years but still nowhere enough to justify the current P/E ratio

thanks to the rise from 78c to $16 this is now by far and away my biggest holding and I am torn whether to sell down a little - it’s gone from $14 - $16.40 while I prevaricate!