I think it mostly has to do with BHP, RIO and co cutting CAPEX spending, less mining projects means less work for the mining services companies.....
Mostly market sentiment really. Nice fully franked divvie, good stock for retirees.
Seems to have very steady earnings, sightly rising over time, even through the GFC when the share price got smashed. Very good value around the 9 dollar mark.
I think it mostly has to do with BHP, RIO and co cutting CAPEX...
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Last
$1.98 |
Change
-0.025(1.25%) |
Mkt cap ! $170.3M | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.03 | $1.96 | $343.9K | 173.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 13463 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| FWD (ASX) Chart |
