I thought I'd see if there's anyone still around following this stock. Last we heard, they will continue to pay dividends, and have not been materially affected by Covid. Annual report should be coming in about 3 weeks.
Today was a random, and from what I can tell unexplained, spike in the share price and volume. Not huge, being a $75k day, but still much higher than the average $5-10k bot trade days. Anyone know if there was a news article or something that might have caused this? Anyway, it seems to be playing out a bull flag at the moment, so price target looks likely to be all time highs / $1.75-1.80
I've got quite a decent stake, mainly for the dividend, so I think I'll just be holding regardless, but interested if anyone has any thoughts on how they have been going. I know in my IT area at work there has been quite a lot of hiring, we don't use these guys, but the industry may well be booming especially as cyber-security is.
Also will be interesting to see if the final dividend will be reduced in order to keep cash for coming months as a reserve, even if they did have a good rest of the year.
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