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
$1.04 |
Change
-0.005(0.48%) |
Mkt cap ! $211.2M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.05 | $1.04 | $228.8K | 219.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 46988 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 96000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$1.04 |
Change
-0.005 ( 0.48 %) |
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| Open | High | Low | Volume | ||
| $1.05 | $1.05 | $1.04 | 57231 | ||
| Last updated 15.54pm 29/05/2024 ? | |||||
| WAX (ASX) Chart |