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
$232.71 |
Change
5.065(2.23%) |
Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
| $228.13 | $234.39 | $227.85 | $34.84M | 150.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 82 | $232.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $232.77 | 13 | 5 |
View Market Depth
| Last trade - 14.40pm 26/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
