It is my simplistic view that markets are reverting to the mean. The majority of stocks that I hold are trending back to pre-covid levels.
if this uneducated statement holds true, we'll be seeing DMP trading at $50 soon. Therefore, I'm using pre-covid levels as a baseline before I start to consider any more dabbling in the market.
Of course, this doesn't apply to all stocks/sectors. Just my thoughts.
It is my simplistic view that markets are reverting to the mean....
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 (20min delay)
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Last
$29.09 |
Change
-0.800(2.68%) |
Mkt cap ! $2.646B | |||
| Open | High | Low | Value | Volume |
| $29.77 | $29.79 | $29.04 | $3.353M | 114.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 187 | $29.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.10 | 202 | 5 |
View Market Depth
| Last trade - 10.58am 28/08/2024 (20 minute delay) ? |
| DMP (ASX) Chart |