MD stated last Nov that quality and quantity of sales pipeline was the best it had ever been, but the time taken converting RFP's to contracts has shifted out to 2.5 - 3 years.
With US healthcare legally mandated to shift to EMR (Electronic Medical Records) by end of 2018 I suspect there has been a root and branch review of technology needs within the sector, hence the delay in progress of contracts. That is, boards are unlikely to approve piecemeal changes until they have a full understanding of data needs in a holistic sense. As this evolves I suspect contracts will start to flow for PME.
Sure Price Trend, page-2
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Last
$249.23 |
Change
1.050(0.42%) |
Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
| $248.97 | $251.36 | $246.02 | $13.23M | 53.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 57 | $249.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $249.31 | 13 | 4 |
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| Last trade - 11.40am 29/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
