Wayward,
Thanks for the detailed reply.
I have a lot to learn about charting.
I use Power Etrade and the Iress charts only give one year of daily data so to look further back I have to use weekly.
Hopefully todays strong move on very good volume means that the instos now think there is substantial upside.
Given the future cashflows of the NBN deal I would have thought that an acceptable yeild assesment in light of the relatively low risk could be considered as low as 5%, particularly if the risk free rate is reduced significantly by the RBA over the next few months.
A 5% yield on 28c dividend implies a share price of $5.60
Wayward,Thanks for the detailed reply.I have a lot to learn...
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Last
$3.93 |
Change
-0.005(0.13%) |
Mkt cap ! $45.35B | |||
| Open | High | Low | Value | Volume |
| $3.92 | $3.93 | $3.91 | $13.11M | 3.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 74 | 385773 | $3.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 318040 | 65 |
View Market Depth
| Last trade - 12.33pm 02/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |