I agree with your comments Jimmy. The stock is overpriced but the PE is not always a true reflection of the company with the large R&D spend. Not comparing OCL to CSL but they also trade on high PE's partly because of the high R & D spend which I suppose is necessary to stay in front of the competition.
Ann: FY2018 Trading Update, page-8
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 (20min delay)
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Last
$17.51 |
Change
-0.010(0.06%) |
Mkt cap ! $1.408B | |||
| Open | High | Low | Value | Volume |
| $17.52 | $17.89 | $17.37 | $680.8K | 38.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 245 | $17.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.51 | 577 | 11 |
View Market Depth
| Last trade - 15.39pm 26/11/2024 (20 minute delay) ? |
| OCL (ASX) Chart |
