DT why even bother responding, if someone doesn't fully work thru the forward PER, and trumpets an ill informed view, they will learn the hard way, for all to see. Lucky for them that they remain anonymous.
Anyway the reason for the lofty PE is the market discounting future growth, it's up to PME to meet those expectations, and as seen recently,if you don't meet expectations you get punished.
Ann: CEO Presentation - ASX Spotlight Conference New York, 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 |
