respons to micktaylor's post.
problem as I see it re RUL is that a substantial part of their revenue seems to be derived from one-of software sales. The annual maintenance contracts will produce stable annual income, but they have to sell the high-priced software first, and they don't sell it every year.
It may be that I have misunderstood their business model, but I think that sums-up the volatility in sp. I'm holding.
Is the div ff? or no franking credit?
Ann: Trading Update , page-9
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Last
$2.66 |
Change
0.030(1.14%) |
Mkt cap ! $588.6M | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.67 | $2.56 | $510.3K | 194.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1193 | $2.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 9086 | 2 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| RUL (ASX) Chart |