When I saw the result, I thought this would go north of $20 today.
I've been out of MMS for a couple of years but jumped back in big time on this result. At the current price the stock has a grossed up yield of 12% so it doesn't need to grow to offer a good return. If it does grow a bit, the returns should be very good.
The only thing I don't like about this stock is that it is not liquid enough for me and it took a few trades to get the position that I wanted.
Ann: FY24 Results Investor Presentation, page-17
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Last
$14.67 |
Change
0.130(0.89%) |
Mkt cap ! $1.021B | |||
| Open | High | Low | Value | Volume |
| $14.55 | $14.82 | $14.50 | $2.773M | 188.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 415 | $14.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.79 | 776 | 1 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| MMS (ASX) Chart |