The fire sale was on when they were below 10c
Now people know the dividend is a joke at .5 & the SP will get pushed lower ex-div so they are getting out now.
Would not be surprised if this dropped a few more cents before settling around 15-16c
Have held this for years & cant understand why management have been so stingy towards long suffering shareholders with a .5c dividend when we are making a packet.
What hope have we got of seeing a decent divi if this is what we get when things are good.
The SP would be in the 30s now IMO with any sort of decent dividend.
Lets see what they do with the retained earnings.
Good Luck to all !
The fire sale was on when they were below 10c Now people know...
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35.0¢ |
Change
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Mkt cap ! $405.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9999 | 35.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 25524 | 2 |
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| GRR (ASX) Chart |