Partially agree man; but their reasoning was solid - and I'm not sure "not give any weight" is quite what I'd do, but definitely not hanging onto any one opinion as gospel certainly. I've found Ord-Min newsletters to be pretty low-risk reliable historically, they returned an what soem may deem unimpressive, but very solid 12.5% net from H1 predictions for this volatile market.
There are predictions (can't recall who wrote the article that spoke of this) of divestment later this rather than investment but that may entail replacement investments as you suggest as well; instead JCoure's prediction of special divvy which is also possible; (getting rid of some of their banking functions in Southern Aust), which is proposed to reduce the capital exposure risk/reward ratios.
Who knows, but action reflects management doing things either way, and low AUD/USD exposure is the bonus factor for coming 6 mths.
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Last
$19.72 |
Change
0.300(1.54%) |
Mkt cap ! $23.46B |
Open | High | Low | Value | Volume |
$19.51 | $19.80 | $19.47 | $16.91M | 859.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 3893 | $19.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.72 | 2668 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 23710 | 13.730 |
3 | 34052 | 13.710 |
3 | 61596 | 13.700 |
5 | 51192 | 13.690 |
4 | 69240 | 13.680 |
Price($) | Vol. | No. |
---|---|---|
13.740 | 3307 | 1 |
13.750 | 43477 | 3 |
13.760 | 82949 | 8 |
13.770 | 32064 | 4 |
13.780 | 141794 | 11 |
Last trade - 15.19pm 28/11/2024 (20 minute delay) ? |
SUN (ASX) Chart |