kybosh,
This time last year they had copped a belting with some severe storms that were quite costly.
Touch wood, there hasn't been anything like that year to date.
I see today's announcement as nothing more than the new CEO clearing the decks.
If it was so bad I am sure it would have been picked up prior to their presentation to Morgan's on October 21st.
I hold quite a few of these and like you I panic each time we get closer to cyclone season.
The dividend is quite good, so I'm going to hang in there.
In my view today presents a rare buying opportunity.
Good luck nonetheless.
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Last
$20.99 |
Change
0.070(0.33%) |
Mkt cap ! $22.73B | |||
| Open | High | Low | Value | Volume |
| $21.00 | $21.02 | $20.85 | $56.73M | 2.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2208 | $20.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.00 | 4982 | 2 |
View Market Depth
| Last trade - 16.11pm 07/08/2025 (20 minute delay) ? |
| SUN (ASX) Chart |