Hello Dreambuyer
How will you get 3 dividend payments over 13 months?
MPL as a dividend proposition isn't the most attractive.
Ironically it's been viewed by many investors as a safe haven stock (maybe lots of Mum and Dad investors).
I sold half of my holding in Jan ($2.30) as they appeared to be languishing in comparison to the rest of the market, this is even more the case now.
That said taking resource stocks out of the equation the market looks pricey.
Does this make MPL cheap?
Don't know but I'll be picking up more on the downside, along with WOW.
Happy investing/trading
Drop in the SP, page-77
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Last
$3.81 |
Change
-0.020(0.52%) |
Mkt cap ! $10.49B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.87 | $3.79 | $19.79M | 5.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.81 | 17087 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MPL (ASX) Chart |