Result is impacted by a lot of one off factors, flooding, train derailment, acquisition costs. Dividend cut because of this but also funds needed to expand their bulk haulage. (which will mean future higher profits)
I have no problem with the dividend being cut, and being a 'long term infrastructure type asset' its the long term cash flows I am focussed on.
This is a large position in my portfolio (4%) so I will not be doing anything. I probably won't add unless the share price gets down to $3
Ann: Half Year Results Presentation, page-17
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Last
$3.44 |
Change
-0.010(0.29%) |
Mkt cap ! $6.332B | |||
| Open | High | Low | Value | Volume |
| $3.46 | $3.47 | $3.42 | $15.78M | 4.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 66924 | $3.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.45 | 103495 | 6 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| AZJ (ASX) Chart |