Why do you say that? They just upped their FY20 earnings guidance, flagged similar growth rates in FY21 and are undertaking a significant acquisition in VLT which if executed well, could be a game changer. In a COVID-19 environment any company with strong growth is being re-rated by the market. Hence tech outperforming most if not all other sectors.
DTC isn’t going back to $1.10 unless the deal falls over, they completely stuff up the integration or there’s another Black Swan event.
The SP isnt being propped IMO - it ran ahead of the news. Ie there was a leaky ship
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- Ann: Investor Webinar 14 May 2020 Presentation
Ann: Investor Webinar 14 May 2020 Presentation, page-14
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