Large price drop today has brought this back into buy territory. But broker targets and estimates are still all over the place so hard to pick where the next bottom might be. My guess is that fair value is around $5 based on a net yield of 5% with 25c dividends. If this pullback sees prices below $4.80 then I will look to buy more to re-balance my holding. Historically CSR has provided great capital gains just adding at the lows and reducing at the highs while enjoying the dividends. But of course, like all stocks, it can be difficult to pick the lows and highs, although with CSR going counter to the main broker recommendations does seem to provide a lead indicator (sell down when most brokers have it as a buy, and vice versa).
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Large price drop today has brought this back into buy territory....
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Last
$8.89 |
Change
0.020(0.23%) |
Mkt cap ! $4.243B |
Open | High | Low | Value | Volume |
$8.88 | $8.89 | $8.86 | $19.44M | 2.190M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | $8.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.89 | 7276 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 8.880 |
3 | 588301 | 8.860 |
12 | 2111706 | 8.850 |
6 | 3034190 | 8.840 |
8 | 105155 | 8.830 |
Price($) | Vol. | No. |
---|---|---|
8.890 | 7276 | 2 |
8.900 | 41492 | 12 |
8.910 | 15560 | 4 |
8.920 | 77283 | 9 |
8.930 | 7703 | 5 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$8.87 |
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Change
0.020 ( 0.06 %) |
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Open | High | Low | Volume | ||
$8.87 | $8.88 | $8.86 | 512469 | ||
Last updated 15.59pm 02/05/2024 ? |
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CSR (ASX) Chart |
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RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
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