I have some holding with DOW.
In my view I have been looking into this, the shorts that have been on market,
the recent results of impairment charges.
I think this is being targetted without a doubt.
-I find it interesting that a leaked email comes out after impairment charges.
-SMH article a joke.
-Board has provided liquidity news- SPP in my opinion unlikely. DOW is highly liquid.
-Century trade- sold for $5 Mil profit isn't such a bad thing.
-I think some rational has to be executed in a unrational market.
At current trading prices, yield of 8% with 20% franking and PE of less than 7.
Unless you believe this company is truly in liquidity troubles, I think current prices represent good buying.
I have some holding with DOW.In my view I have been looking into...
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Last
$5.71 |
Change
-0.050(0.87%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.82 | $5.85 | $5.71 | $3.075M | 533.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23129 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 1925 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
