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
65.0¢ |
Change
0.015(2.36%) |
Mkt cap ! $40.47M |
Open | High | Low | Value | Volume |
63.5¢ | 65.0¢ | 63.0¢ | $186.1K | 290.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 26146 | 63.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
66.0¢ | 118180 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16146 | 0.630 |
2 | 8600 | 0.625 |
5 | 16722 | 0.620 |
2 | 8700 | 0.610 |
2 | 12000 | 0.605 |
Price($) | Vol. | No. |
---|---|---|
0.670 | 11155 | 1 |
0.680 | 356 | 1 |
0.690 | 30002 | 1 |
0.695 | 2856 | 1 |
0.700 | 9741 | 4 |
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