A 3c dividend in August gives us a total of 5c for the year. That puts us at a PE ratio of 35 right now. You mention a forward projection PE of 30, so I assume you must be expecting continued stability and / or growth in the dividend. In any case, I doubled my holding today. There seems to be some good support at $1.70, which is exactly where we saw support in the months leading up to AEF's inclusion in the All Ords. I am optimistic about AEF joining the ASX300 in September. They have the market cap, just not sure if they meet the liquidity criteria.
Ann: Dividend/Distribution - AEF, page-8
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Last
$4.27 |
Change
0.000(0.00%) |
Mkt cap ! $481.5M | |||
| Open | High | Low | Value | Volume |
| $4.27 | $4.32 | $4.24 | $57.53K | 13.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1021 | $4.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.28 | 183 | 2 |
View Market Depth
| Last trade - 10.46am 04/10/2024 (20 minute delay) ? |
| AEF (ASX) Chart |