They had a lot of writeoffs last year, making last year's report look worse than what it was. Today's ann. indicates that ALU performance was pretty much on a par with last year.
33c share price with dividends of 4-5c per year makes this a pretty good investment based on fundamentals. Chart looks terrible though, however, if consolidation can occur around the current levels, with some more director buying for confidence, I think I'd be prepared to dip my toe in the next 2-4 weeks. Waiting for a sign on the TA first.
- Forums
- ASX - By Stock
- ALU
- Ann: Altium full year performance update
Ann: Altium full year performance update , page-5
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online