Important point. The special crossings - over 350,000 yesterday at $10.50 - are being bought by institutions/funds. These types of investors are not looking for 10% returns and a 0.5% dividend. They are looking for multiples of the price they paid.
These shares that have been accumulated won't be coming back on the market.
In a world of diminishing alpha opportunities PME represents a potential major. Altium were at$8.50 in September last year and recently traded at $32.
SP is on a ROLL $$, page-7
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Last
$227.64 |
Change
5.890(2.66%) |
Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
| $225.00 | $229.57 | $223.37 | $80.03M | 351.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4 | $227.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $227.72 | 3210 | 3 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
