You’re not wrong.
I just can’t see the value buying this above $1.50 at present. Doors are closed, no revenue, now no FY dividend.
I will hold what I have but I am certainly waiting to see how this plays out. If I don’t see below $1.50 there are other opportunities out there to spend the capital.
Dalto24
Ann: Deferral of 1HFY2020 Dividend and Changes to Dividend Policy, page-10
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Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $1.434B | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.8¢ | 49.5¢ | $2.152M | 4.302M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 444316 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 143412 | 8 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| SGR (ASX) Chart |