Recent charting history suggests that price might pull back to around the $1.80 mark. At that price the company would need to pay a 9c dividend to provide a 5% yield which I think is the minimum yield a company must offer in these yield hungry markets unless growth is very high.
But with the markets in fear mode and commodity prices falling accordingly there must now be doubt about growth in mining services. So the annual report will hopefully offer a reasonable dividend outlook or I suspect that $1.80 floor will be broken and lookout below...
So anybody want to offer up a dividend estimate higher or lower than 9c?
Recent charting history suggests that price might pull back to...
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Last
$2.77 |
Change
0.010(0.36%) |
Mkt cap ! $1.254B | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.79 | $2.75 | $854.9K | 308.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $2.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.77 | 2449 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$2.77 |
Change
0.010 ( 0.38 %) |
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| Open | High | Low | Volume | ||
| $2.76 | $2.79 | $2.75 | 148319 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| NWH (ASX) Chart |