2nd position bought this morning at $7.25.
a)The Victorian government has announced they are abandoning their plan to ban gas for residential households:
b) It looks like the market has, at least temporarily, washed through the earnings miss. Share sales declining, and buyer support emerging.
c) The 58c + 3c franking credit = 61c total gross dividend for FY25. This equates to a gross dividend yield of 8.4%, good enough for me with interest rates to decline next year (just a matter of when, not if). Importantly in my opinion dividend is sustainable, it will just not grow very fast. But at 8.4% i don't need dividends to increase fast, the 8.4% is attractive already.
Hence in now with my second position, 2% of the portfolio.
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Last
$7.65 |
Change
0.020(0.26%) |
Mkt cap ! $9.906B |
Open | High | Low | Value | Volume |
$7.57 | $7.66 | $7.56 | $16.21M | 2.127M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 5787 | $7.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.65 | 7102 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 5787 | 7.630 |
1 | 27038 | 7.610 |
4 | 30038 | 7.600 |
2 | 25812 | 7.590 |
2 | 12610 | 7.580 |
Price($) | Vol. | No. |
---|---|---|
7.650 | 7102 | 1 |
7.680 | 27038 | 1 |
7.690 | 27038 | 1 |
7.700 | 15440 | 1 |
7.710 | 10000 | 2 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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