At $3.0 per share the dividend yield will be 14% including franking credits. That is just out of this world. Dividend will not be cut. Sales are growing, profit margins improving and so is cashflow.
I'm long and have been watching you shorts come in, not worried at all. That share price can't break below $3.70 and wont ever hit $3.0. Shorting at these levels is dangerous. Why? As the percentage of gross shorts increases, the available shares to buy back decreases which means it takes long to buy back shares. So if a short squeeze were to occur, you can't just clear out on one day, it may take 5 days as limit stock is being sold.
Good attempt at a scare tactic but at these levels it is offering good value and you're mad to short considering the half yearly and 10 month report. All but good news.
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Last
$4.64 |
Change
0.050(1.09%) |
Mkt cap ! $6.080B |
Open | High | Low | Value | Volume |
$4.59 | $4.66 | $4.58 | $5.056M | 1.092M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | $4.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.64 | 33521 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25446 | 3.880 |
7 | 234105 | 3.870 |
11 | 228181 | 3.860 |
11 | 192466 | 3.850 |
3 | 36300 | 3.840 |
Price($) | Vol. | No. |
---|---|---|
3.890 | 98757 | 6 |
3.900 | 76916 | 21 |
3.910 | 43330 | 9 |
3.920 | 165811 | 7 |
3.930 | 1002 | 3 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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