Yes it does seem high if you look at the chart over the last 2 years, however, on a historic basis it's as cheap as chips.
When they were $24 they had much less SOI, around half if I remember correctly, maybe someone can critic me on that. That being said the cash was rolling in and the dividends were flowing back then, were are we now? Sitting on the cusp on dividends and a healthy forward order book.
If i had spare capital I would buy. Hence my sentiment.
all mho. BTW thanks for starting the thread.
MRM: General Discussion, page-2
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Last
$2.73 |
Change
0.010(0.37%) |
Mkt cap ! $1.034B | |||
| Open | High | Low | Value | Volume |
| $2.73 | $2.75 | $2.71 | $5.606M | 2.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10676 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.75 | 149344 | 5 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$2.74 |
Change
0.010 ( 0.90 %) |
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| Open | High | Low | Volume | ||
| $2.72 | $2.74 | $2.71 | 192277 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| MRM (ASX) Chart |