I just bought some more. Might fall further still, but willing to keep adding as it goes down.
Just reviewed the new port headland contract announcement, 15 years with minimum income guarantee from government!
Debt is at zero. Cash flow strong. Dividend looks pretty safe at or around current levels. 10%+ gross.
Management showed great ability to manage through the last cycle. Would expect them to have downside plan on the shelf just in case.
Clear risks, but rewards look pretty inviting.
I just bought some more. Might fall further still, but willing...
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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 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| FWD (ASX) Chart |
