ELTON
MRM is a good stk which has many good yrs ahead.
are you an investor or trader ?
you said you got a few mths back.
so really you never got at a p.e.of 18
for example. only
if $3 and pe is 20
then $1.50 is 10
yr low was 65c and 2009 full div was 6c eps 14.4c
div pay out ratio 32% could be higher but this is in growth phase. and also getting over gfc
It all depends on your outlook and overall plan I guess.
I think this is a safe bet if you want to park funds safely.
And still get growth and divys
high pe, page-2
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Last
$2.58 |
Change
0.020(0.78%) |
Mkt cap ! $977.8M | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.59 | $2.54 | $37.20M | 14.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1350703 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 67518 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MRM (ASX) Chart |