It is my simplistic view that markets are reverting to the mean. The majority of stocks that I hold are trending back to pre-covid levels.
if this uneducated statement holds true, we'll be seeing DMP trading at $50 soon. Therefore, I'm using pre-covid levels as a baseline before I start to consider any more dabbling in the market.
Of course, this doesn't apply to all stocks/sectors. Just my thoughts.
DMP, just what is happening?, page-227
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 (20min delay)
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Last
$29.48 |
Change
-0.410(1.37%) |
Mkt cap ! $2.646B | |||
| Open | High | Low | Value | Volume |
| $29.77 | $29.79 | $29.04 | $7.812M | 266.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 207 | $29.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.49 | 388 | 17 |
View Market Depth
| Last trade - 13.01pm 28/08/2024 (20 minute delay) ? |
| DMP (ASX) Chart |