With Share prices running up I decided to review the investment decisions of a retiree looking for yield
1. higher yield then min drawdown (say 5%) yes 0.2/1.6 = 12.5%+ Fr Cr
2. does the company pay tax and pay Fr divi - yes
3. is the share price going up - yes
4. can the company expand - yes (SD)
5. is it in the asx 300 - almost
6. can the govt stop their operations - difficult as they are the higher end of the Fe content per ton (pellets) so considered cleaner
Therefore I see some good support on this for some time
Ann: AGM Presentation, page-58
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 25.0¢ | $668.5K | 2.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 111945 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 37336 | 6 |
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