I bought some more today because I think the market might be pleasantly surprised by the cash build revealed in the qrtly. the annual report will likely follow.
but I think when you say out loud the company is generating 8cents per share per quarter ahead, 44cents looks pretty light. given they already have circa A$220m in cash and inventory (around 18cent per share), the attraction grows.
and my sixth sense, having endured the lows and lows and highs of GRR, suggest dividend profile ahead will be more attractive than days of old .
of course, we live in hope. have a great day
I bought some more today because I think the market might be...
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Last
34.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $414.2M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 34.0¢ | $76.93K | 225.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 283474 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 65545 | 4 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |