All the bottom pickers have been commenting “we’re near the bottom” since about $14. I was ridiculed for saying it’s going down to $9 a few months ago. Yet here we are. Looking to reach that level pretty easily. As for dividends. Markets are clearly forecasting interest rate hikes. As the interest rate environment gets better, agl’s 8% stars will not be as captivating.
And in anyway.. what use is a high dividend when the stock keeps destroying all your capital.. all you’re doing is paying tax to lose money every year.
News: AGL UPDATE 1-Weak power prices wipe out first-half profit at Australia's Origin Energy, page-11
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Last
$10.70 |
Change
0.240(2.29%) |
Mkt cap ! $7.198B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.87 | $10.47 | $27.26M | 2.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21682 | $10.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.75 | 797 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AGL (ASX) Chart |