DMP is not a terrible business.
The recent business update tells us that they are no longer a growth stock.
This means that its PE should come down to between 15 to 18 mark.
Below 15 it is cheap and anything over 18 is expensive if they do not have the growth story
Cheers,
Ann: Trading Update, page-190
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 (20min delay)
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Last
$37.02 |
Change
-0.430(1.15%) |
Mkt cap ! $3.366B | |||
| Open | High | Low | Value | Volume |
| $37.26 | $37.51 | $36.79 | $11.08M | 299.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 856 | $37.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.02 | 6403 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$36.93 |
Change
-0.430 ( 1.38 %) |
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| Open | High | Low | Volume | ||
| $37.39 | $37.49 | $36.80 | 35667 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| DMP (ASX) Chart |
