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.
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We have to see how this plays out.But the annoucement has done...
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Open | High | Low | Value | Volume |
$1.36 | $1.39 | $1.36 | $172.0K | 125.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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2 | 1594 | 1.370 |
1 | 907 | 1.365 |
1 | 907 | 1.360 |
1 | 907 | 1.355 |
Price($) | Vol. | No. |
---|---|---|
1.390 | 16273 | 2 |
1.395 | 837 | 1 |
1.400 | 837 | 1 |
1.405 | 670 | 1 |
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