unfortunately a failed short-term trade but as a long term trade PPT is still good value at a P/E of 13 against an industry P/E of 19. I think the prolonged weakness is likely to be tax loss selling, its hard to believe the stock will fail to hold what is very close to the 5 year low. Meanwhile, they have attracted top talent, and are still very profitable. Holding on for a longer horizon with a stop loss in place at the 5 year low
alarming fall, page-31
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 (20min delay)
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Last
$21.45 |
Change
0.040(0.19%) |
Mkt cap ! $2.115B | |||
| Open | High | Low | Value | Volume |
| $21.34 | $21.53 | $21.26 | $1.055M | 49.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 148 | $21.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.46 | 439 | 9 |
View Market Depth
| Last trade - 12.20pm 28/11/2024 (20 minute delay) ? |
| PPT (ASX) Chart |
