Stonewall will be paying 10c divi plus a 15c return of capital, so 25c cash. They should have over $10m cash left, given the way the AUD is going against the US$, given the proceeds are in US$.
So SWJ is 3-5c(?) post distribution and you have 25c cash.
Not a bad deal if you pay 20c now. Surely those selling don't understand the value here.
deal breaker, page-10
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Last
18.0¢ |
Change
0.020(12.5%) |
Mkt cap ! $144.5M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 16.0¢ | $56.43K | 319.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 622 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 30000 | 1 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| TGM (ASX) Chart |