I share your optimism and agree that all of the bad news has been priced in.
I have just commenced a substantial increase in holdings here. I see it at bargain basement levels.
I have read the latest editorials suggesting shareholder nervousness with pressure on dividends. This type of news always makes me bullish on a stock.
I don't necessarily see it as a substantial growth stock, but I do believe we will see it rebound soon to more familiar levels. Dividends over time will continue to be what drives the value in this stock.
This is a clear buy.
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Last
$4.88 |
Change
-0.010(0.20%) |
Mkt cap ! $55.72B | |||
| Open | High | Low | Value | Volume |
| $4.88 | $4.91 | $4.84 | $96.51M | 19.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6400 | $4.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.89 | 252894 | 7 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| TLS (ASX) Chart |