Hey all, just a thought here as a new DMP shareholder.
Is Domino's able to keep prices low/stable which I expect would increase volume?
Given rising costs of living, families would select the lowest cost to feed there family. Instead of opting a thai, chinese or even steak for dinner,
I can feed my family for $30. I understand DMP may lose profit on a certain number of pizzas but if they can increase volume I would assume this would offset rising costs & perhaps increase their loyal customer base.
Thoughts?
target price $40, page-22
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Last
$34.65 |
Change
-0.270(0.77%) |
Mkt cap ! $3.150B | |||
| Open | High | Low | Value | Volume |
| $34.98 | $35.32 | $34.60 | $7.029M | 201.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $34.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.67 | 111 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| DMP (ASX) Chart |