Because the market is forward looking.
29% NPAT increase in 1 year is huge.
Market is saying they'll overshoot again next year.
CSL is a $100b company which is growing at a rate that would shame companies 1/10th the size.
Market pays up for growth.
I think $250 is achievable if general market conditions stay well.
short csl, page-11
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Last
$307.80 |
Change
2.460(0.81%) |
Mkt cap ! $148.7B | |||
| Open | High | Low | Value | Volume |
| $305.41 | $308.69 | $304.34 | $158.2M | 514.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13 | $307.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $307.80 | 4197 | 1 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| CSL (ASX) Chart |