If someone wants to pay $3 for a $2 share because it starts paying a 12c div that comes straight out the SP on ex-div day and they gotta pay tax on, and for no other reason, I’m all for it. Doesn’t seem that plausible a theory, that’s all. It is possible punters following the money buy in now simply because they believe STAM’s interest means the SP will rise and I’ve got no problems with that, whether it’s a good enough reason or not, but they’re after the same thing as me, a rising SP, not the div! I’m still thinking what might be the best idea though is to produce a lot of oil and sell it and find some more and sell that too, call me old fashioned.
The Sandon Capital MD - MUST WATCH, page-31
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Last
$1.90 |
Change
0.010(0.53%) |
Mkt cap ! $1.523B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.88 | $8.431M | 4.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 57900 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 141847 | 6 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |