It’s anyone’s guess. I think when the buyback stops on the 30th we might have a drop in price. Due to the 25% buying support being gone and also the market is quiet with low volume around that holiday period. If they pay the dividend around 80-90 cents I don’t see why it couldn’t be broken.
Definitely undervalued even at that price!
Breaking multi year highs, page-3
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Last
$3.86 |
Change
0.050(1.31%) |
Mkt cap ! $1.118B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.86 | $3.79 | $2.238M | 584.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2868 | $3.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.86 | 8921 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| HLI (ASX) Chart |