I'm inclined to agree given that the company seems comfortable maintaining the dividend. In terms of p/e/contraction, it is perhaps more a matter of the market having treated the catastrophe earnings as permanent -- and then re-rating as a result of that. I think yesterday's drop was simply a panic follow on from the massive drop the day prior. What happens today will be more meaningful (one way or the other).
I'm inclined to agree given that the company seems comfortable...
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Last
$3.87 |
Change
0.055(1.44%) |
Mkt cap ! $1.061B | |||
| Open | High | Low | Value | Volume |
| $3.70 | $3.90 | $3.63 | $11.87M | 3.131M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 6816 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 18162 | 44 |
View Market Depth
| Last trade - 12.04pm 29/08/2024 (20 minute delay) ? |
| JLG (ASX) Chart |