My point is fund managers will be forced to obtain some MPLs in their profolio.
As the dividend is slight better than bank interest rate(assuming the 2rd lot will keep at 5.2 as well) and MPL is classified as insurance industry which is a comapraeably safer industry.
Therefore, for fund managers they can use MPL to outperform a conservative cash account.
Thats why on friday, it jump open.
And I belive the SP will rise to a point which worth that 5.2 per cents dividend.
This is my guess only, any guru can correct me?? thanks,
- Forums
- ASX - By Stock
- MPL
- Wrong timing
Wrong timing, page-3
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MPL (ASX) to my watchlist
|
|||||
Last
$3.83 |
Change
-0.090(2.30%) |
Mkt cap ! $10.54B |
Open | High | Low | Value | Volume |
$3.99 | $3.99 | $3.80 | $53.04M | 13.75M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5398 | $3.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.84 | 16031 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5398 | 3.830 |
7 | 100035 | 3.820 |
4 | 99078 | 3.810 |
7 | 102104 | 3.800 |
5 | 27280 | 3.790 |
Price($) | Vol. | No. |
---|---|---|
3.840 | 16031 | 2 |
3.850 | 126912 | 3 |
3.860 | 536828 | 4 |
3.880 | 24400 | 1 |
3.890 | 3451 | 2 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
Featured News
MPL (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online