From $58.50 it's back to showing a bit of strength again. If it can push past the $68 high in mid May, then we might have a similar situation when Aristocrat was sold off just over a year ago and was trading at circa $38/39 per share only to storm higher. That's when the fundies were taking their clients money out of Aristocrat and redeploying capital into Light & Wonder. In three short weeks, the market seems to have overlooked Aristocrats "bad miss" and pumped the stock price up by circa 14-15% over that time.
At $58.50, this was looking like decent value for money where the PE had dropped back into the mid range historical valuation.
Dividend payment in a couple of weeks. I dare say that the majority of longer term holders would be pretty happy.
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