MRL 1.69% 30.0¢ mayur resources limited

re: to take a dive and yes it did. This is a business that is...

  1. 1,331 Posts.
    re: to take a dive and yes it did. This is a business that is performing o.k. at best. I agree with most that they should be going better given the current uptrend in retail stocks but as an income stock you can't go wrong. Don't kid yourself...at $1.18 (my buy target) it yields 8.05%. With current strong positive cashflows and continued profit, this yield is not in danger. I'm suprised that more investment mags don't have a buy for yield on it...they do on Telstra and it's yield is lower.



 
watchlist Created with Sketch. Add MRL (ASX) to my watchlist
(20min delay)
Last
30.0¢
Change
0.005(1.69%)
Mkt cap ! $123.3M
Open High Low Value Volume
30.0¢ 30.0¢ 30.0¢ $32.72K 109.0K

Buyers (Bids)

No. Vol. Price($)
1 2006 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 27482 1
View Market Depth
Last trade - 11.41am 04/12/2024 (20 minute delay) ?
MRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.