You also need to consider that interest rates have fallen since this traded mid 20's which has increased demand from yield buyers and also increased NPV from lower discount rates.
I am also continuing to see inflation returning across some categories which is good for their Food and Beverage business.
Its valuation is a little strethched imho but as others have said the intrinsic value continues to rise.
You also need to consider that interest rates have fallen since...
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Last
$33.79 |
Change
0.190(0.57%) |
Mkt cap ! $41.27B | |||
| Open | High | Low | Value | Volume |
| $33.60 | $33.82 | $33.45 | $32.05M | 951.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1518 | $33.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.80 | 9055 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |