Stock price when the opinion was issued
Depends on what percentage it makes of your portfolio, plus what your cost base is. #1 competitor to DFY is IFC. The industry is consolidating more. DFY might have a leg up on IFC, as DFY is smaller and can buy a few more things in Canada.
Cost inflation and extreme weather give him pause in this area. Both well-run businesses, but inclined to stay away. The sector poses some risks.
Has done exceptionally well. Best technology platform in the space. Great management. In November, it's allowed to be taken out if a suitor comes calling. Lofty premium will remain until then. Would make sense for IFC to buy it.