They are putting that capital to Ringrose development. I prefer that they develop 700m from that cash than any dividends or MA.The rest for Rentails.The company has taken enough out of proportion risks in the past with Nifty and alike so understand with their cautious outlook now.There are plenty of divident paying stocks if you want dividents ,simple sell and buy those.
Line wipe after line wipe happening to the sell orders now. Yesterday's gravestone Doji with a gap turning into a bullish hammer with volume today. As mentioned in the previous post, when old peak one of the largest sellers stops selling at 7% this is slowing brewing into somthing massive.
Ann: Quarterly Activities Report, page-85
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Last
41.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $376.0M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 42.5¢ | 40.5¢ | $938.1K | 2.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 114880 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 267570 | 15 |
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| Last trade - 11.22am 21/06/2024 (20 minute delay) ? |
| MLX (ASX) Chart |