"but the other issue is how much an investor should be prepared to pay ( share price ) for that growth...."
A veritable investment truism.
The market's response since then:
"Nargh, not too expensive. Let's just all pay $2.00 more."
Quite something to behold.
I wonder where it's valuation multiple goes when interest rates actually start coming down, as opposed to the market pre-empting that happening.
.
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Ann: FY24 Half Year Results Presentation, page-8
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Last
$37.51 |
Change
-0.300(0.79%) |
Mkt cap ! $14.15B | |||
| Open | High | Low | Value | Volume |
| $37.68 | $38.12 | $37.44 | $28.94M | 769.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10665 | $37.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.60 | 4926 | 2 |
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| CAR (ASX) Chart |