Based on current announcements and a whole lot of assumptions, what would you pay for a company that:
- Est 2016 NPAT of approx $10m.
- Est fully franked dividend payout of around 60% (this equates to 4 cents per share or on a grossed up basis 5.7cents) or >12%
- No debt
A lot more than 30 cents per share (i.e. market cap of $47m)
The only reason this company is trading at these levels is because the company has had three profit warnings. It is almost expected they will issue another before year end.
I am happy to accumulate more at these levels, however, it does make me slightly throw up when I see the share price hover below 30 cents. I am up to my eyeballs in this stock and have a bias towards them, however, if we can get a positive strategic review and confirmation of divies being paid, I am happy as long as the stock can at least maintain the current level. >12% beats 2% at the bank.
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Last
27.5¢ |
Change
0.020(7.84%) |
Mkt cap ! $39.59M |
Open | High | Low | Value | Volume |
25.5¢ | 27.5¢ | 25.5¢ | $44.47K | 166.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 99999 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 21296 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99999 | 0.250 |
3 | 77384 | 0.245 |
3 | 86208 | 0.240 |
1 | 16183 | 0.235 |
3 | 76077 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 21296 | 1 |
0.280 | 20000 | 2 |
0.285 | 3846 | 1 |
0.300 | 34101 | 2 |
0.330 | 7150 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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