Parallel with ALU is noteworthy.
Primarily software sales into US, with similar revenue/profit numbers to PME.
This last year they have achieved some critical mass......KA...BOOM goes share price.
Very possible PME could do a similar thing in 2019, if overall market conditions remain benign.
You see comments that they are expensive and on a backward PE basis that may hold.
One should be looking at their expanding footprint in a very large market.
Growth opportunity is enormous
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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 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
