APZ 2.87% $1.79 aspen group

Whats up? Should I buy?

  1. 324 Posts.
    Hello, This stock has come to my attention as it looks oversold, is trading below NTA and is paying a 15% dividend. Would I be smart to buy into this or are there issues im not aware of? They've already taken a bath on the Asset values and its been reflected in the SP - but if these dividends continue i think its a good buy. Are they going to keep earning cash? The WA Karattha thing looks scary but even if the valuation there went to zero - the company is trading at NTA. With low interest rates and the markets generally heating up i think its smart to buy right? Other opinions invited.
 
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Last
$1.79
Change
0.050(2.87%)
Mkt cap ! $356.6M
Open High Low Value Volume
$1.77 $1.79 $1.74 $70.71K 40.32K

Buyers (Bids)

No. Vol. Price($)
2 25404 $1.77
 

Sellers (Offers)

Price($) Vol. No.
$1.79 11548 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
APZ (ASX) Chart
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