Av, glad you've made coin off it. So have I, from 42 cents. But PME just seems to be the gift that keeps giving. On a trailing PE of 77 it seems expensive, but forward PE of about 35 if my calculations are correct, this is cheap for the tech sector, where the typical metric is 50-55, or $12 - $13.20.
But even this ignores the true potential of a best-of-breed, disruptive technology that transcends current medical technology sectors and bleeds in to big data management. Very likely to be taken out as the potential unfolds over the next couple of years.....
Pipeline, page-4
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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 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
