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
$4.99 |
Change
0.030(0.60%) |
Mkt cap ! $56.81B | |||
| Open | High | Low | Value | Volume |
| $4.97 | $4.99 | $4.94 | $123.3M | 24.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3696 | $4.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.99 | 85492 | 5 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| TLS (ASX) Chart |