I hold and occasionally trade the stock.
It feel to me at the moment that we cannot get a bid and when we do large sell orders take it out.
The NAB controlled funds were in at 2.70+ early July and are not out as yet. That presents a bit of an overhang on the way back up unless they are out and yet to announce.
The first half results are going to be pretty good and give us a ridiculous PE.
The questions are outlook, Capital investment and dividend policy. I think, given the bullish statement to date we will get a beat and an interim dividend lift.
The question will be H2.
Scheduled to report mid next month, so I would not be falling on my sword before that.
- Forums
- ASX - By Stock
- BLY
- higher dividend needed to underpin share price
higher dividend needed to underpin share price, page-6
-
-
- There are more pages in this discussion • 23 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
Add BLY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online