Yeah yeah. I get that and I'd love to see a 30% plus increase. I'm not downramping DMP. I think it's a terrific business. I have high expectations for the future. Maybe I'm too cautious.
In my everyday life, I'm seeing the cost of food balloon out of control. I'm seeing the cost of fuel at virtual all time highs. I'm seeing labour shortages and the cost of labour rising.
I generally agree with your sentiment. But a 6% increase introduced only a few weeks ago won't compensate for expenses over the first half.
looking forward to being entirely wrong with my perspective. But I stand by my comments regarding broker targets. Fraught with danger.
target price $40, page-59
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Last
$31.60 |
Change
-2.110(6.26%) |
Mkt cap ! $2.921B | |||
| Open | High | Low | Value | Volume |
| $32.12 | $35.00 | $30.33 | $56.72M | 1.786M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 996 | $31.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.71 | 669 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| DMP (ASX) Chart |