the price hurts ......however the actual sale volumes are super low to make it meaningless. I think a stop loss on low volumes is not a good idea.
The business profit / cashflow / Dividend is what is important on this stock . As long the dividend is maintained this stock should rebound strongly . if it does not because of negative sentiment , the worst case is the dividend allows this to be a profitable long term hold.
I am assuming CRN can maintain a minimum 20 cents annual franked dividend, starting off with at least a 10 cents dividend to be announced this Tuesday.I would be very happy if 15 cents is announced , which leads to a potential 10% dividend on yield on my target price of $3. hope I am not smoking .
Ann: Full Operations Resume at Curragh, page-15
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Last
92.5¢ |
Change
-0.005(0.54%) |
Mkt cap ! $1.550B | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | 95.0¢ | 91.5¢ | $2.439M | 2.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3278 | 92.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.5¢ | 15609 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| CRN (ASX) Chart |