I think it's just the expectation of the annuals. The half year contained a profit of 2.52c/share. If that repeats, it's 5c/share profit. That prices it much higher than it was.
The board also expressed that not issuing a dividend was out of caution at the half. If at the final they pay out 1c/share dividend... you certainly wouldn't expect that to still be trading at 7 cents...
Time will tell. I've accrued a lot over the years, and have realised a small portion, but will keep most.
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.18M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $13.40K | 88.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 27135 | 3 |
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| Last trade - 14.16pm 25/07/2025 (20 minute delay) ? |
| ZGL (ASX) Chart |