We need to hope for a very strong business update on the 20th Nov to put a rocket under this. Considering the very consistent yield of 6% I just don't get how the income chasing fund managers aren't overweight in AX1. But hey that's the market for you. I'll go out on a limb here and state that the 1st half dividend will once again be increased to 5.75c to 6.25c range.
AX1 Price at posting:
$1.67 Sentiment: Buy Disclosure: Held
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