The thing some amateur shorters never seem understand, and become fish food in the process, is that high growth well-managed businesses are beloved by the market for a reason: a track record of dominating and delivering.
I'd say short the greatly indebted and/or badly managed is a better bet.
DMP one hell of a well-managed business over long time and dominating its niche. Eagle Boys falling by wayside just latest milestone.
Guess what? DMP not valued same metrics as other fast food businesses. For good reason. Could DMP get overvalued, yes in theory hypothetically, but Eagle Boys news time to play out yet. Just starting.
AFR: dominos-could-face-profit-hit, page-53
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Last
$33.45 |
Change
-0.030(0.09%) |
Mkt cap ! $3.092B | |||
| Open | High | Low | Value | Volume |
| $33.25 | $33.68 | $33.00 | $10.83M | 323.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 680 | $33.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.50 | 35 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| DMP (ASX) Chart |