Agree, was stoked to pick some up at 54c.
Management is committed to paying out 40-50% of NPAT, which means the yield will be minimum 8%FF for some time yet.
Looks oversold of late considering strong balance sheet, strong management and solid growth.
Suspect people starting to worry about the residential property sector, and even if it does really soften, as expected, hard to see anything under 65c not a bargain.
Cheapest growth stock on ASX about to run, page-2
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $167.4M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 30.0¢ | $33.11K | 110.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24827 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 22917 | 2 |
View Market Depth
| Last trade - 10.40am 20/11/2024 (20 minute delay) ? |
| AVJ (ASX) Chart |
