XMD 0.47% 10,302 s&p/asx midcap 50

I was tempted considering its current MC (~200m), EBITA (~50m)...

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    I was tempted considering its current MC (~200m), EBITA (~50m) and resulting PE of ~ 4... Even in the worst case and EBITA drops by about half still PE of 8 seems not too bad. However there might be more bad news coming so won't step in until there is a clear change in trend but will keep it in watch list for now...
    I like simple things and really appreciate your comment that "I would never buy a stock where the chart is pointing straight down". Thanks.
 
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