MAP 0.00% 17.0¢ microba life sciences limited

PE is not relevant for this stock.Reasons for fall in SP are :1)...

  1. 174 Posts.
    PE is not relevant for this stock.

    Reasons for fall in SP are :

    1) lower future traffic(business and leisure)
    2) lower revenue from duty free shops

    It is only a buy in the short term when it falls to below $2.88.

    Refinancing of Sydney airport and distribution for next yr's div will provide support to the SP later in the year(nov-dec)





 
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