Wow. DMP is continuing the theme of high P/E stocks continuing to outperform upon reporting solid if not stellar results.
This time last year I experienced the wild mood swings of the market during reporting season for the first time and realised that I needed to keep plenty of cash on hand to take advantage of irrational movements.
This year, I have hardly had the opportunity to deploy that cash because the market has suddenly become much more tolerant.
Here's Mr. Padley using DMP to make a point. DYOR.
http://www.smh.com.au/money/investi...rs-advice-taking-profits-20160814-gqs2g2.html
Wow. DMP is continuing the theme of high P/E stocks continuing...
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Last
$30.02 |
Change
-0.030(0.10%) |
Mkt cap ! $2.729B | |||
| Open | High | Low | Value | Volume |
| $30.04 | $30.51 | $29.70 | $15.10M | 501.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $30.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.17 | 553 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| DMP (ASX) Chart |