I was surprised it took a day to see the bounce. Seems it is very close to being back to its best when it was trading at over 8 bucks. From memory they were talking 36c yearly dividends then. 15.5c currently for its half year coming out of such a tumultuous period gives a good insight.
I think 36c/$8.00 is still a way off but if it can get back to being as reliable as is to be expected, gradually increasing its revenue via more usage and well negotiated fixed price increases, I dont see why it cant get back there next year sometime.
The obvious caveats regarding vaccine efficiency etc would be the only risks I can see.
Would love to hear others thoughts.
ALX Price at posting:
$6.73 Sentiment: Buy Disclosure: Held
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