BFG 0.00% $1.36 bell financial group limited

Hypothetically, if AUSTRAC impose a $10 million dollar fine...

  1. 277 Posts.
    lightbulb Created with Sketch. 46
    Hypothetically, if AUSTRAC impose a $10 million dollar fine which proportionally is higher than that imposed on the banks, on my calculation equates to just over 3 cents a share which could easily be absorbed in retained earnings and have no material impact on further dividends. . And that's supposing a fine being imposed - the investigation into NAB resulted in no fine. So this drop in share price is ridiculously overdone and with a 6.5 cent ff dividend coming up it makes IMHO an outstanding buying opportunity.
 
watchlist Created with Sketch. Add BFG (ASX) to my watchlist
(20min delay)
Last
$1.36
Change
0.000(0.00%)
Mkt cap ! $436.2M
Open High Low Value Volume
$1.35 $1.37 $1.35 $208.5K 154.0K

Buyers (Bids)

No. Vol. Price($)
1 36923 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.37 19120 2
View Market Depth
Last trade - 15.52pm 26/06/2024 (20 minute delay) ?
BFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.