I like your conservative approach,gc.
Here is why I took a shine to ZGL around 20c:
# Safe....Will never go belly up.
# At the bottom of the cycle....Downside is limited.
# Dividend yield roughly 5%.
# No premium attached to its new ventures...These are advanced efforts with mammoth upside if they are fruitful.
So ....Basically I am buying the profitable traditional business at the bottom of the cycle like most contrarians do.....And paying ZERO premium for the blue sky potential that may eventuate.
Best of both worlds.
- Forums
- ASX - By Stock
- doubts about the sims family business
I like your conservative approach,gc.Here is why I took a shine...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add ZGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.94M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 16000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.060 |
1 | 18199 | 0.055 |
1 | 60000 | 0.054 |
1 | 12000 | 0.051 |
1 | 12500 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 409300 | 2 |
0.088 | 30000 | 1 |
0.095 | 50000 | 1 |
0.100 | 3407 | 1 |
0.000 | 0 | 0 |
Last trade - 07.02am 07/10/2024 (20 minute delay) ? |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
ZGL (ASX) Chart |
Day chart unavailable