Agree. Couldn't help but pick up a little more this morning. The potential dividend yield is enticing enough, almost 10% yield plus franking credit (assuming no change to the dividend payment).
Could we potentially see a resumption of the shareback? Would make sense at these prices.
With Australia reopening shortly and restrictions being lifted, I consider this a re-opening play with lots of upside as companies seek to advertise their products more prominent heading into the Christmas trading period.
M&A cannot be ruled out either - that would also benefit the share price.
Agree. Couldn't help but pick up a little more this...
Add IGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.89 |
Change
0.010(0.53%) |
Mkt cap ! $291.0M | |||
| Open | High | Low | Value | Volume |
| $1.92 | $1.92 | $1.89 | $73.67K | 38.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9999 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 5916 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.91 |
Change
0.010 ( 0.80 %) |
||||
| Open | High | Low | Volume | ||
| $1.91 | $1.92 | $1.91 | 2553 | ||
| Last updated 15.07pm 13/06/2024 ? | |||||
| IGL (ASX) Chart |