When I saw the result, I thought this would go north of $20 today.
I've been out of MMS for a couple of years but jumped back in big time on this result. At the current price the stock has a grossed up yield of 12% so it doesn't need to grow to offer a good return. If it does grow a bit, the returns should be very good.
The only thing I don't like about this stock is that it is not liquid enough for me and it took a few trades to get the position that I wanted.
Ann: FY24 Results Investor Presentation, page-17
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Last
$17.63 |
Change
-0.690(3.77%) |
Mkt cap ! $1.227B | |||
| Open | High | Low | Value | Volume |
| $19.50 | $19.92 | $17.39 | $15.59M | 859.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1564 | $17.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.18 | 104 | 1 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| MMS (ASX) Chart |