Well expressed status of play.
Further to what I have expressed earlier, there are many indicators of inflation impact on food items receding like in the case of wheat though cheese is still on the high side.
Jap yen/A$ negative impact over 6 to 8 months also has been corrected now removing any negative currency impact.
International interest rates are dropping too which will benefit DMP with high load of debt. With improving cash flow as a result of curtailed expansion programs, DMP should be able to start reducing debt levels. All these takes time but benefits of slowing economy to companies like DMP dependent on low margins and high volumes will be evident as time goes by. Global brand name of Domino is excellent and world will be always eating pizzas.
Well expressed status of play.Further to what I have expressed...
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Last
$29.79 |
Change
0.225(0.76%) |
Mkt cap ! $2.761B | |||
| Open | High | Low | Value | Volume |
| $29.00 | $30.93 | $28.78 | $30.68M | 1.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 310 | $29.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.79 | 11 | 1 |
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| Last trade - 15.56pm 05/08/2024 (20 minute delay) ? |
| DMP (ASX) Chart |