Over last 12 months with interest rates going up and inflation two things happened with DMP SP.
The extremely high PE at times touching 60 has come down to more normal levels for the industry.
Then company was unable to pass on inflation related cost to customers. This has been managed and gradually corrected. US& UK good examples.
I have not seen any negative comments on the business strategy that is followed by DMP except about debt level. As I wrote before if earnings are increasing over next 5 years, it is easily manageable.
Over last 12 months with interest rates going up and inflation...
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Last
$33.26 |
Change
0.160(0.48%) |
Mkt cap ! $3.023B | |||
| Open | High | Low | Value | Volume |
| $33.33 | $33.56 | $32.97 | $3.670M | 110.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 344 | $33.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.26 | 111 | 5 |
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| Last trade - 12.27pm 16/08/2024 (20 minute delay) ? |
| DMP (ASX) Chart |