hi guys ive just noticed that IOOF holdings have been a massive seller of AVJ during the last few months, anyone know why they were selling?
would love to know why, its unusual selling a stock that's trading so far below its book value.
I guess once the stop selling should see AVJ head back up?
anyone know when IOOF will stop selling its AVJ stake?
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Ive also been researching the long term stock price, its basically treaded water since 1994, which is the most I can go back to, it was around 58c in 1994, it shot up to around $2.40 before the 2008 GFC though.
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Also AVJ dividends have NOT been as steady as people think, sure for the last 3 yrs divvies have been increased from 2c than 4c and now 5c/share, but before 2013 some yrs they didn't pay a divvy at all or it was a mere half a cent divvy.
Maybe investors still are not convinced AVJ will continue to grow or maintain their divvy in the yrs to come.
Which is why we are trading at such a massive discount to our NTA.
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $167.4M |
Open | High | Low | Value | Volume |
30.0¢ | 30.0¢ | 30.0¢ | $33.11K | 110.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 24827 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 22917 | 2 |
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No. | Vol. | Price($) |
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1 | 4700 | 0.475 |
1 | 16248 | 0.470 |
3 | 228353 | 0.465 |
2 | 41695 | 0.460 |
1 | 21978 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 79688 | 2 |
0.520 | 8000 | 1 |
0.530 | 10000 | 1 |
0.540 | 10000 | 1 |
0.545 | 18348 | 1 |
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