I think you'll find the DMP register is very old school and sticky, a huge proportion simply sit on their shares
Makes it very easy for brokers to pump this via reports and keep it propped in market, when the free float is nothing and liquidity even worse ... on same days they would run this 3-5% adding some $500M+ to the market cap on $50k worth of stock. If you really want to see manipulation, keep an eye on some of those Citi shorts and their in-built stops. When they nudge people's stops, they were running this 5%+ some days
Even with all their engineered and tinkered "profit" and "growth" the last few financials, what is there annual NPAT ? Last time I shorted them, they were capped at $7Bn with NPAT <$100M. Anyone screaming value there or touting $100 targets is bonkers
Even now, they are priced for substantial quarter on quarter growth. They could literally double NPAT and still be expensive compared to McDonalds, KFC and all the others
I think you'll find the DMP register is very old school and...
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Last
$32.71 |
Change
-0.440(1.33%) |
Mkt cap ! $2.865B | |||
| Open | High | Low | Value | Volume |
| $33.10 | $33.19 | $32.60 | $3.084M | 93.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22 | $32.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.71 | 93 | 5 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| DMP (ASX) Chart |
