Share market prices seem to be based on dividend yield, neither asset backing nor optimism count. When the BOD announce the dividend there will be much more certainty about the price. By then the IO price and shipping tonnage may have levelled out and the share price won't be too adversely affected.
Share market prices seem to be based on dividend yield, neither...
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Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $537.5M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.0¢ | 43.5¢ | $672.0K | 1.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 66309 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 364998 | 21 |
View Market Depth
| Last trade - 15.41pm 05/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |