Small volumes since Ross topped up earlier in the year have been the norm!?
1st day of trading for settlement in New FY ended @ 25 cents! Days bottom 24 cents & ONE share traded @ 24.5 cents! It appears we have BOTs taking positions & the market isn't trading enough volumes to really indicate it has any idea where ASH is at at present?
The last Div. dropped from four consecutive 3 cents FFrkd to Half a cent FFrkd - the share price bottomed @ 21 cents where Ross topped up!
So, where might ASH be in the current market?
1. Have they fully accounted for their mis-adventure over in the West? 2. Are they successfully integrating & leveraging new Bolt-ons? 3. Are they able to manage New Govt. Employment regulations?
Upcoming A. 2 months before Full Year results are likely!? B. Div/Distribution announcements - past 2 years July 28th
It would be pleasing to have some background on the reasoning behind ASH's next Div. announcement - all being well in approx. 4 weeks time!
I'm not aware of ASH validating their Div. announcements - happy to be corrected!?
What are others expectations for ASH going forward?
ASH Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
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