I am amazed at the valuation -there are two aspects to IP protection - the annuity type service earnings and then special cases of litigation. The first is by nature low growth and the second episodic like the case of Apple vs Samsung. Even here,its the lawyers that make most of the dosh.
This company is being valued at something like 30+ times earnings. Unless there is something that is not obvious to me, the valuation looks crazy.
IPH, page-6
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Last
$5.08 |
Change
-0.060(1.17%) |
Mkt cap ! $1.578B | |||
| Open | High | Low | Value | Volume |
| $5.17 | $5.19 | $5.08 | $2.281M | 446.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 19240 | $5.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.10 | 2799 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| IPH (ASX) Chart |
