SP still seems to be getting caned, however, relative to the overall market is holding up well. At the consensus dividend figure of 50c + 50c mentioned in several recent postings, MND has a yield of 12.1% fully franked. At the lower end with a more cautious dividend of say 30c + 30c (which IMHO is likely to be nearer the mark) the fully franked yield is 7.31% which is still very very handy and appears to bring MND closer to a buy opportunity. The SP is now back to around what it was over five and half years ago ($8.14 on 27/3/2009), but it is worth remembering that the price then was coming off a low of $5.83 on 20/11/2008 (four months earlier), before a wild ride to a peak of $27.85 on 18/03/2013. I expect if we have a good day on the market then MND will bounce nicely, but if the market remains soft then MND is likely to drift further south. (IMO)
DYOR - I am not a licensed investment advisor.
Dod eat dog, page-61
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MND (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$12.88 |
Change
0.140(1.10%) |
Mkt cap ! $1.259B | |||
| Open | High | Low | Value | Volume |
| $12.89 | $12.96 | $12.73 | $3.734M | 290.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 8833 | $12.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.91 | 1142 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| MND (ASX) Chart |