Important point. The special crossings - over 350,000 yesterday at $10.50 - are being bought by institutions/funds. These types of investors are not looking for 10% returns and a 0.5% dividend. They are looking for multiples of the price they paid.
These shares that have been accumulated won't be coming back on the market.
In a world of diminishing alpha opportunities PME represents a potential major. Altium were at$8.50 in September last year and recently traded at $32.
SP is on a ROLL $$, page-7
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Last
$221.75 |
Change
7.130(3.32%) |
Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
| $216.99 | $224.65 | $215.12 | $38.21M | 172.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 103 | $221.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $221.81 | 426 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
