hhmmm
two thoughts. CTN is having a bad run. underperforming the market badly last few months. If I understand correctly, they underperformed ASX All Ords by 6.5% over one month, and 9.8% over three months. Wow. I think I could do that if I tried, but not that easy I'd have thought even if you were trying.
Second, this dividend policy of theirs, paying 6% p.a. even if dividends they are receiving is less. They state they have $3.4m in reserves, and have paid $116m in divs since they came up with the policy (a few years ago, IIRC). I haven't checked, but is there a risk that they can't continue the dividend policy for lack of dividends being received by CTN? (They say they have enough divs for FY17 - but beyond that?)
hhmmm two thoughts. CTN is having a bad run. underperforming the...
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Last
48.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.73M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 47.0¢ | $64.81K | 136.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1523 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 48962 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NSC (ASX) Chart |