Yes, would be great to get a clearer idea of what this is worth now. P/E ratio is up there, but we know this deal represents massive growth potential across international markets. Just would like to get an idea of some numbers to know where this might end up stabilising. Soon? $8? $20?
I don't want to make the same mistake I made with Resmed when it re-rated. I thought I'd made a decent profit at $5sih, but then it continued to climb & climb over the following months. Now nudging double that with no signs of slowing.
Thus far, the market can't get enough of GBT - no sign of the usual f***ing around trying to keep the buy price down and buy slowly.
Yesterday was ex-dividend too, which barely registered in the SP, before it sprung upward on onward.
I think the climb will continue for a while yet, but yes, some analyst numbers would be good.
GBT Price at posting:
$6.07 Sentiment: Buy Disclosure: Held