I guess it's all about valuations. When I imagine what valuation a stock like PME would command if it was based in the US and listed on NASDAQ it could be around the $5bn mark - suggesting an sp around the $50 AUD mark.
Such surmising makes an sp of $14 very realistic.
btw - there's some interesting technology behind Visage - especially in the comms area - could be having some effect on the sp.
I recall at the AGM, there were representatives from the Motley Fool organisation - does anyone know if any comments made by MF as a result of their attendance.
I am not an analyst dyor.
Share price holding up in down market, page-17
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Last
$224.32 |
Change
9.700(4.52%) |
Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
| $216.99 | $224.65 | $215.12 | $23.13M | 104.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 20 | $224.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $224.36 | 16 | 4 |
View Market Depth
| Last trade - 15.20pm 22/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
