As you say, even with today's profit downgrade the FY19 forecast is still a marginal improvement on FY18, which returned a A$0.2135 (unfranked) dividend for the year - or a 7% yield at today's closing price.
Dumped 33% on 900k volume (< 0.6% of the register), before a slow grind upwards and sideways for the rest of the day.
T20 hold 61.4% and almost all appear to be rock-solid. The type of register you would expect to buy into any panic selling, not join it. Although who knows what anyone is thinking in this current market.
Hard to argue it wasn't heavily oversold today. Hopefully a much better day on the cards tomorrow.
As you say, even with today's profit downgrade the FY19 forecast...
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Last
$1.81 |
Change
0.025(1.40%) |
Mkt cap ! $882.0M | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.82 | $1.77 | $360.5K | 201.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1881 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 1542 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.81 |
Change
0.025 ( 1.98 %) |
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| Open | High | Low | Volume | ||
| $1.78 | $1.82 | $1.78 | 17510 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| NGI (ASX) Chart |