To add to my previous post. ASH is likely to pay another fully franked dividend of at least 2.5c (I think it could be slightly higher given today's results -just my opinion) per share in 6 months time.
So if the share price which was before today's announcement 25c and they are likely to pay at least 2.5c, then my simple maths is 10% return of capital in 6 months time.
Anyone want a term deposit like return of 10% in 6 months time (granted ASH is a micro-cap and not a bank so it is sharemarket risky and also it depends on the price you buy the shares at)??
Do your own research and make your own investment decision.
Ann: First Half 2019 Results, page-3
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Last
19.0¢ |
Change
-0.030(13.6%) |
Mkt cap ! $27.35M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 19.0¢ | 17.5¢ | $3.862K | 20.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14714 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 84807 | 2 |
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| Last trade - 15.56pm 08/11/2024 (20 minute delay) ? |
| ASH (ASX) Chart |