I think it will hold around $40 ish whilst the buyback is running. They bought back $25m of shares yesterday and can only afford to do this for another 3-4 days then they max out the buyback. Spending $25m in one day which is 14% of the buyback allowed is very big buying IMO. Someone correct me if I am wrong here. I would have thought if they keep this up and the buyback ends within the next week then early March could see further weakness into the $35-$38 range. At $35 its still a PE of 22/23x FY18 projected earnings so no bargain IMO.
Ann: Half Year 2018 Media Release, page-51
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$33.15 |
Change
0.460(1.41%) |
Mkt cap ! $2.865B | |||
| Open | High | Low | Value | Volume |
| $32.85 | $33.53 | $32.80 | $12.31M | 370.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 871 | $33.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.15 | 451 | 2 |
View Market Depth
| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| DMP (ASX) Chart |
