Now i know this traded ex dividend today, but it has dropped 20 cents in the last 2 days on a 7 cent divi, so appears to be good value at 9.5 forward pe.
I understand that the industry is in transition and lots of competition, but i get the feeling that the company revenues are growing a little , so for fy 2020 it may actually provide a good dividend at a reasonable price, so happy to continue to hold, but is this pull back to around $2 an opportunity to get some more cheap but high yield shares, as i cant see them imploding in coming financial year?
Christopher
Ann: FY19 Results Presentation, page-11
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Mkt cap ! $315.9M | |||
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