Result didn't meet analyst expectations so I would expect the stock to fall quite a bit considering the run up unless the market decides to focus on the outlook. The divvy is quite disappointing at $2.60 (barely above last years $2.55) when the market was expecting $3.00. Usually companies like to progressively increase their dividends so I don't know if the $2.60 dividend is signalling tougher times. I mean if they paid out a divvy of $3.00 and next year they can't surpass it then it usually isn't a good look.
On the other hand the confidence shown in extending the buyback for another 12 months has me scratching my head, esp at these prices.
Result didn't meet analyst expectations so I would expect the...
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Last
$228.35 |
Change
8.150(3.70%) |
Mkt cap ! $86.96B | |||
| Open | High | Low | Value | Volume |
| $222.22 | $228.73 | $221.58 | $106.9M | 471.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 82 | $228.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $228.37 | 39 | 5 |
View Market Depth
| Last trade - 14.40pm 30/06/2025 (20 minute delay) ? |
| MQG (ASX) Chart |