OK, I will accept your explanation, I may have been too quick to judge?
I do see some here trying to talk this down, which is in my opinion a contrary indicator, APA have always traded lower then higher depending on where we are at WRT to dividends.
APA continue to pay good dividends and I believe they will continue to pay them and at a higher rate in the future when some of the assets that they have recently purchased kick in, there was talk about the ACCC changing a few things? the way I see it is that they already pay their dues and besides that the Government needs them to continue what they do if they want the gas as a back up for the coal fired power stations, they way I see it is that they are going to be heading up in the near future not down, irrespective of what some are trying to tell us.
I bought APA at the float for $2, I reinvested my dividends for many years, I then sold one quarter of my holding for a nice profit, the rest are now free carried and the dividends now pay for my accountants, the people who do my Audits and the Taxman.
I also had one other investment that paid off after eight years, I also did quite well with them.
I guess I have been lucky to some extent, but I do think research helps in that area, the more I do the luckier I get.
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Last
$7.22 |
Change
-0.040(0.55%) |
Mkt cap ! $9.776B |
Open | High | Low | Value | Volume |
$7.23 | $7.24 | $7.18 | $23.38M | 3.241M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14969 | $7.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.23 | 116337 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 30849 | 10.070 |
6 | 63676 | 10.060 |
6 | 74232 | 10.050 |
6 | 83569 | 10.040 |
10 | 131381 | 10.030 |
Price($) | Vol. | No. |
---|---|---|
10.080 | 70211 | 3 |
10.090 | 77529 | 6 |
10.100 | 112272 | 11 |
10.110 | 118392 | 9 |
10.120 | 91879 | 9 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
APA (ASX) Chart |