In FY'16 on a trailing P/E basis AX1 recorded a highest price of $1.82
In FY'20 on an equivalent P/E that would see a SP high of $2.68
If you look at the EPS performance of AX1 over the last 10 years there is a highly predictable uptrend with little debt and a consistent dividend payout ratio around 85%.
The current dividend yield including franking credits is 6.9% which is great with such a predictable EPS growth profile.
So for all of the above i think the market is waking up to the quality of AX1
Cheers................Daicosoisgod
Ann: Notice of full year results to the market - update, page-21
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Last
$1.84 |
Change
0.000(0.00%) |
Mkt cap ! $1.033B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.85 | $1.83 | $1.236M | 672.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3291 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.84 | 3078 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.83 |
Change
0.000 ( 0.18 %) |
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| Open | High | Low | Volume | ||
| $1.84 | $1.85 | $1.83 | 145668 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| AX1 (ASX) Chart |