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
$34.21 |
Change
-0.240(0.70%) |
Mkt cap ! $41.79B | |||
| Open | High | Low | Value | Volume |
| $34.63 | $34.68 | $34.10 | $56.69M | 1.657M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2212 | $34.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.22 | 671 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |