As predicted, there are a number of shareholders looking to take up a short-term profit on their purchase of shares @ $1.418 per share on the current share issue.
Once these traders have finished their selling, the share price should start to gradually climb with the prospect of the final dividend being maintained & an increase in the following interim & final dividends. The last investment update indicated that they had 60.4 cents of retained earnings which meant 5.8 years of dividend coverage at the current rate.
New shares in WMI, page-6
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 (20min delay)
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Last
$1.39 |
Change
-0.015(1.07%) |
Mkt cap ! $383.2M | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.41 | $1.39 | $377.8K | 269.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 41468 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 30283 | 2 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$1.39 |
Change
-0.015 ( 1.75 %) |
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| Open | High | Low | Volume | ||
| $1.41 | $1.41 | $1.39 | 67381 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| WMI (ASX) Chart |