respons to micktaylor's post.
problem as I see it re RUL is that a substantial part of their revenue seems to be derived from one-of software sales. The annual maintenance contracts will produce stable annual income, but they have to sell the high-priced software first, and they don't sell it every year.
It may be that I have misunderstood their business model, but I think that sums-up the volatility in sp. I'm holding.
Is the div ff? or no franking credit?
Ann: Trading Update , page-9
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Last
$2.64 |
Change
0.040(1.54%) |
Mkt cap ! $585.9M | |||
| Open | High | Low | Value | Volume |
| $2.61 | $2.67 | $2.59 | $666.1K | 252.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 6646 | $2.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.64 | 1779 | 12 |
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