MND 1.35% $11.98 monadelphous group limited

Ann: Contracts Update, page-151

  1. 16,907 Posts.
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    "Every stk falls on ex-div but MND down 4x 30c atm. Vols not huge but big enough. The orderbook for 2H is modest and no news of a recent win in renewables. But SPdive is quite substantial. Overall i remain bearish but its such a sharp plunge i expect speeding tkt to be issued and will provide clarity."

    Fast forward just a few weeks and MND is now up almost 6x its 30c interim dividend since your post, meaning that - from its price immediate cum-dividend date - it has recovered the dividend, plus being up a further 2x dividend, almost, since then.

    Which just goes to demonstrate, once again, that trying discern investing cues from short-term share price movements is a totally futile exercise.
 
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Last
$11.98
Change
0.160(1.35%)
Mkt cap ! $1.176B
Open High Low Value Volume
$11.93 $11.99 $11.85 $1.416M 118.5K

Buyers (Bids)

No. Vol. Price($)
1 552 $11.97
 

Sellers (Offers)

Price($) Vol. No.
$12.00 1030 1
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