Efforts to keep this stock above $1.70 comes in chunks. The SP wants to drop, only to be buoyed a few days later by a buying spree. Is this sustainable? Probably not - the SP has run hard and is now well ahead of its intrinsic value of $0.68. ROE is now a low, DY below 2%, and NPAT growth negative. Evenso, a buy if SP reset below about $1.40, otherwise happier hunting grounds elsewhere.
keeping the ball in the air
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