Australia's largest stock trading and investment forum Australia's #1 stock forum

YBR

Click for more information

0.00%

8.9¢ yellow brick road holdings limited

Something is going on, 5 million shares traded yesterday (1.5%...

First 30 Last

Share
Profile

Follow
dthynne

16 Posts.

23/12/15

10:49

Post #: 16672869
Share

Originally posted by Inchiquin ↑

Yes, I reckon it has hit its low point. Perhaps even permanently.

Since the reverse takeover back in 2010 on a couple of occasions the share price has fallen back towards 0.200 but both times it doggedly managed to bounce back, and this now looks like the third time lucky. While there are risks on the horizon for this company, the current share price would seem to imply that this company has made no progress in the past five years, which somewhat beggars belief.

I would cautiously suggest that there is even a possibility that YBR might initiate a dividend payment in 2016, although there are a few things that need to go right first if this were to eventuate.

Expand

Something is going on, 5 million shares traded yesterday (1.5% of the company) and the price didn't budge.

YBR Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

There are more pages in this discussion • 5 more messages in this thread...

First 30 Last

Add YBR (ASX) to my watchlist