Just typical market announcement trading, buy on rumour sell on fact. At the moment at $5.70 dividend is 35c so 6% on your money. 57c earnings places it at a PE 10 and general PE should be 13 to 16 average. I would expect a bump to min $7 Max $9 in the coming weeks, managers chasing the dividend and franking credits. It's not a growth stock just a consistent earner. The 90 plus leases will be interesting as a good deal could see a big profit upside, with lease/land values falling over the next couple of years this could see a big upside if negotiations are strong in our favour.
Just typical market announcement trading, buy on rumour sell on...
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Last
$6.66 |
Change
0.010(0.15%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| $6.67 | $6.67 | $6.64 | $765.6K | 114.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2217 | $6.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.66 | 17844 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| TRS (ASX) Chart |