That was me- saw what I thought was writing on the wall and despite FLT having a nice little cash haul and no debt I sold at $35.... only to watch it near double...
With PGH i'm sitting on the sidelines as we speak but an definitely considering a yield based investment. The payout ratio is only mid to high 60's% - the way I see it if there is continued pressure on the acquisition spree they'll put a hold on it, which will open up the possibility of a higher payout ratio... a 6-7% yield with only a mid 60% payout ratio is definitely appealing... The only negative is the high debt position...
Ann: Resignation of CEO & Managing Director, page-53
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Last
81.0¢ |
Change
0.010(1.25%) |
Mkt cap ! $292.6M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.0¢ | 78.5¢ | $16.99K | 21.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7324 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 6606 | 1 |
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| Last trade - 15.59pm 25/11/2024 (20 minute delay) ? |
| PGH (ASX) Chart |
