They’ve effectively halved the dividend policy to only 3-4c (USD) paid once yearly instead of twice.
I don’t think many will buy this no matter what their ‘growth’ looks like. People were buying this for the dividend yield.
I’m closing my position. I wouldn’t if I could sell covered calls on my holdings, but there’s no options on NGI. Better yields elsewhere.
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NGI
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Last
$1.99 |
Change
0.025(1.27%) |
Mkt cap ! $977.7M |
Open | High | Low | Value | Volume |
$1.97 | $2.00 | $1.94 | $200.0K | 101.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1142 | $1.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.00 | 1066 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1422 | 1.990 |
3 | 1249 | 1.985 |
3 | 2923 | 1.980 |
3 | 5413 | 1.975 |
4 | 25860 | 1.970 |
Price($) | Vol. | No. |
---|---|---|
1.995 | 566 | 6 |
2.000 | 1308 | 5 |
2.010 | 7469 | 5 |
2.020 | 26191 | 5 |
2.030 | 3893 | 2 |
Last trade - 11.51am 07/08/2025 (20 minute delay) ? |
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NGI (ASX) Chart |