ASZ 0.00% $1.63 asg group limited

10% gross dividend coming, page-6

  1. 818 Posts.
    looking at the price action of late, i think the run up we saw was on the back of a fair bit of speculation of a contract being around the corner. at this time asz was also being publicised fairly heavily on the tv and online as a stock to watch in the 1st half of this year. we saw a run up to the mid 90's before a consolidation, a lower high and a fall back down to roughly where we were at the start of the year.

    if we don't see a contract and if GLB and stefanis are correct in their worries about some of the figures, when the div is paid, some may jump ship and sell out. i for one still have belief in this space and think that the online industry will provide areas of revenue and growth that haven't even been imagined yet.

    as for the div it should be about 6c ff and usually for a drp it is 5% discount on the 5 day av weighted price.

    good to see a bit more discussion on asz coming up to the reporting season and div date.

    GLTA!
 
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