Thanks Tony,
A lot of this relates to FX and the fundamentals are very strong. Reminds be a little of CSL with their last half yearly - 11 Feb 2015 - AM pre market open.
and then
Column 1 Column 2 0 10 Feb 2015 90.00
open high low close
Column 1 Column 2 Column 3 Column 4 Column 5 0 11 Feb 2015 84.000 84.800 81.480 82.950
CSL down 9% - I am not trying to suggest that their products are related, justthat both are traded internationally, both have PEs high due to the nature of the business - both have many iniatives and are exposed to FX movements.
CSL hit the $90 mark again - 23 Feb 2015.
GLTA
Ann: Resmed to Announce Third Quarter 2015 Results, page-38
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