well, I recently learned that a person needs to hold a share for 47 days to get franking credit. so the shares that normally crash post dividend are the one with poor fundamental. this one has zero debt and cash in the bank with ongoing revenue coming from Iron ore. I am not sure what mine life is there as i just bought in without reading that part.... ! but if it keep giving dividend like BSE for next 2 to 3 years then ownership cost will go down to 15c (based on three div of 5.25c) which is cheap.... IMO.
Ann: Dividend/Distribution - FEX, page-45
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $190.9M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.5¢ | $186.4K | 690.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 970130 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 91662 | 2 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| FEX (ASX) Chart |