VTG High dividend stock and its future

  1. 1,384 Posts.
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    I don't understand rush to sell VTG at today's price as current price represents $0.46 (0.29+0.133+0.04 franking dividend), there is highly likely that another $0.03-0.06 dividend will be allocated after end of FY as business is growing after COVID-19 restriction was lifted early this year. With almost $43 million cash at hand with almost no debt, today's market capital $45m of VTG does not justify share price.

    If we remove aspirational price offer>$0.38, there are hardly 600K are on sell order
    Last edited by ExtraPace: 11/05/22
 
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