Yes, common sense should see the sp going well above $3 but if you look a the trading pattern over the last year or two, even with good dividends and buybacks, the sp has fallen below $3 for periods - not sure whether or when that will change upwards sustainably but it usually jumps upon dividend announcement and if prior sp is trading circa $2.50ish, it's a good time to buy. Just an opinion. Did expect a rather hefty fallback today - didn't disappoint on that front.
Ex div price, page-9
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Last
$3.86 |
Change
0.050(1.31%) |
Mkt cap ! $1.118B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.86 | $3.79 | $2.238M | 584.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2868 | $3.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.86 | 8921 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| HLI (ASX) Chart |