Originally Posted by
trader_jackson
Lewylewylewy, couta1, and Left field as you all kindly pointed out to me less than 2 months ago that my PE's were wildly wrong and inaccurate, please kindly take note of the PE now being listed as 12.82 (on nzx.com), well down from the apparent 71.2 just over 1 month earlier...
(also take note that the share price has rallied almost 10% in the past 2 days so the PE would have been even lower just a short time ago)
As I've said before, sometimes looking at a headline figure, such as the PE on the nzx.com, with seemingly no research beyond this headline figure, and then comparing it to companies that have been listed for many years, can be very very deceiving & misleading and result in lost opportunities ;)
It is good to see Mr Market is no longer writing off ARV's potential (as much)
Have a good evening ;)