The problem with the capital raising and some of the substantial holder, quite a bit of the shares when into the hands of funds that loan out or trade on them.
they should still pay dividend as a portion of their profit depending on how much the profit. consideration to pay dividend should have nothing to do with share price.
i think some broker revised their valuation to $15.
today announcement actually still very decent. their higher end guidance was 310, so they did a 311 settlements.
They just using different model to do business and they have been doing well currently. if situation changes, the management should change accordingly. i think there is hardly any risk other than lower profit and lower share price over short term. The company is profitable.
- Forums
- ASX - By Stock
- LIC
- Ann: FY24 Key Results and Forward Guidance Withdrawn
Ann: FY24 Key Results and Forward Guidance Withdrawn, page-8
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LIC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$8.93 |
Change
0.220(2.53%) |
Mkt cap ! $1.087B |
Open | High | Low | Value | Volume |
$8.65 | $9.02 | $8.55 | $7.772M | 877.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5183 | $8.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.97 | 5669 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5183 | 8.930 |
2 | 2763 | 8.900 |
1 | 2652 | 8.890 |
1 | 2652 | 8.870 |
1 | 4431 | 8.860 |
Price($) | Vol. | No. |
---|---|---|
8.970 | 5669 | 1 |
9.000 | 5713 | 3 |
9.020 | 1639 | 1 |
9.050 | 2652 | 1 |
9.060 | 2652 | 1 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
LIC (ASX) Chart |