While I am fundamentally trained I have some time for technicals but this just seems like nonsense. While they keep adding to the bank balance the share price will keep going up and given history and lack of rating for some time for any other asset or management likely not a lot more. Correct those things (outside of our control) and the share price could easily be 30-50c or more. Unfortunately the cash also makes the balance sheet lazy and makes it understandable it trades at a discount to book (would all changed if they declared a special in my opinion). Alas, for now I'll continue to collect my dividend.
Bell potter, page-21
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24.5¢ |
Change
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Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.0¢ | $139.3K | 569.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24564 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 261098 | 6 |
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