PRN 5.70% $1.02 perenti limited

solid financial figures for the years to come (especially if POG...

  1. 148 Posts.
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    solid financial figures for the years to come (especially if POG stays at the current level). Important for me that the dividend of 7cts on an annual basis is sustainable (wow almost 7% dividend yield).I like the people who run the company. They are stable and a little bit conservative. Sometimes you just can understand why the SP is the SP. When you know they are operating in a healthy business (and that is what mining is today, compared to a lot of other businesses like travel, leisure,k restaurants etcetc) and they have a solid balancesheet and unresistable dividend which is sustainable, then there can only be one answer to the current SP. Buy some more if your (financial) situation gives you room for. I know I did. I increased my holding of PRN by almost 40% at a price of A$ 1,10 on average. Now I have to be patient for the SP to return to a more normal valuation of around A$ 1,50.No worries on my site for not reaching this level again.
 
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Last
$1.02
Change
0.055(5.70%)
Mkt cap ! $956.6M
Open High Low Value Volume
98.0¢ $1.02 98.0¢ $3.017M 2.996M

Buyers (Bids)

No. Vol. Price($)
3 24602 $1.01
 

Sellers (Offers)

Price($) Vol. No.
$1.02 78821 4
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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