The market is playing games. The stock is not overly liquid and has rarely traded on high volume. It was well pumped after the last results period and then dumped slowly but consistently, with profit taking after years in the doldrums. It is no glamour stock, so there was little support for the resultant shorting.
This company has a firm and achievable strategy, all retail companies that are their clients are crying for increased recycled content. As the recycling facilities begin to open (Albury is next month), then the packaging recycle process kicks in.
The government is in full support of Pacts push into recycling - financially.
At some point we will be less exposed to the fluctuations we have experienced over the past 6 months. There is nothing to indicate that Dividends will be less than the current 3-4% range.
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Last
82.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $284.0M |
Open | High | Low | Value | Volume |
83.0¢ | 83.0¢ | 82.5¢ | $20.28K | 24.47K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9330 | 82.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.0¢ | 36107 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8130 | 0.805 |
2 | 13288 | 0.800 |
4 | 33527 | 0.790 |
1 | 1457 | 0.785 |
2 | 25593 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.830 | 36107 | 1 |
0.835 | 2846 | 1 |
0.840 | 24988 | 1 |
0.850 | 19091 | 4 |
0.860 | 13565 | 2 |
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