You are associating share price with business performance. Like value and price - they are different. I own equivalent of 25% of a store and I am continuing to buy more.
Saying you have been investing for decades doesn’t make you a better investor. Are 40-50 year old athletes or dinosaur employees in the same role at a company better at their jobs? Not necessarily.
I am aware the SP can go as low as what pessimism is - I’m not trying to predict what number that is, I’m just buying on what I perceive as value - not herd mentality price.
My time frame of 5-10 years is different to yours, let’s see where this is once things aren’t so hard for the consumer.
I’m 28 years old, if I can get to 100% store equivalent ownership it’d mean I wouldn’t need to work earnt income as much, which may be possible in 3 years for me if the SP stays suppressed. Different ages, goals and financial needs.
You’re right a CR is not out of the question but usually businesses do that when they need capital. Dusk doesn’t yet, and I don’t view it as likely they will or I wouldn’t keep buying more shares.
A dividend of 6.8 cents per share is needed to achieve a 10% yield which is only earnings of $4.3 million.
Dusk earnt $8.1 million net profit after tax 1H FY 24
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Last
$1.17 |
Change
0.030(2.63%) |
Mkt cap ! $72.85M |
Open | High | Low | Value | Volume |
$1.15 | $1.18 | $1.14 | $100.1K | 86.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9597 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 22664 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 1.165 |
1 | 750 | 1.160 |
3 | 12869 | 1.150 |
2 | 14723 | 1.140 |
1 | 381 | 1.135 |
Price($) | Vol. | No. |
---|---|---|
1.175 | 22664 | 3 |
1.180 | 21744 | 2 |
1.185 | 291 | 1 |
1.190 | 1013 | 2 |
1.200 | 723 | 1 |
Last trade - 14.01pm 12/11/2024 (20 minute delay) ? |
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