YR,
With a $0.02 dividend payable (goes ex div on Friday), the significant price pressure of late on the share price from shorters and the likely upside that will come from a change of Government in NSW this week end, MGR is a screaming buy.
MGR has a big land bank in NSW and the Liberal party will reduce purchase taxes which will stimulate prices in the market.
It's looking pretty good, especially taking into account a 6.7% yield (paid quarterly).
shorters, page-3
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Last
$2.19 |
Change
0.010(0.46%) |
Mkt cap ! $8.996B | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.22 | $2.17 | $20.44M | 9.333M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 94992 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 137320 | 7 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| MGR (ASX) Chart |
