It is likely the 'bearish' trend is a result of lack of capital growth in recent years and the very large premiums seen until the last few months.
However, the current yield including a 60% imputation credit (applied at the last dividend declared), is roughly 12% and that is worth having, even as a fixed interest yield. There is even a possibility of some capital gain from here, with the current premium being under 10%.
It is likely the 'bearish' trend is a result of lack of capital...
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 (20min delay)
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Last
$1.05 |
Change
-0.015(1.41%) |
Mkt cap ! $213.2M | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.07 | $1.05 | $400.9K | 379.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38899 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 31542 | 1 |
View Market Depth
| Last trade - 13.47pm 14/05/2024 (20 minute delay) ? |
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Last
$1.06 |
Change
-0.015 ( 0.94 %) |
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| Open | High | Low | Volume | ||
| $1.06 | $1.06 | $1.06 | 76777 | ||
| Last updated 13.51pm 14/05/2024 ? | |||||
| WAX (ASX) Chart |