We have to see how this plays out.
But the annoucement has done wonders for compressing the share price!!!
Enabled me to buy a first position, smart or not, time will tell
At first glance, it seems like even if the threat goes through, its a 'one off' rather than recurring.
According to Morningstar:
If true by FY25, will be long and dusted, with an EPS of 20c and a DPS of 15.6c.
On $1.71 average purchase price, it screens as ok and should make money.
But the risk is these are historical casino assets.
1st position from which I can take time to think and review future announcements as they come through.
We have to see how this plays out.But the annoucement has done...
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Last
$1.34 |
Change
-0.010(0.74%) |
Mkt cap ! $1.014B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.31 | $672.3K | 507.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4825 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 5989 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.34 |
Change
-0.010 ( 0.08 %) |
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| Open | High | Low | Volume | ||
| $1.35 | $1.35 | $1.31 | 146425 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| SKC (ASX) Chart |
