Anyone, everyone please learn to comprehend what you are reading and learn context. NEVER single out a single line without understanding context that it was written.
The comment was it could flirt with the $20 level but the $15 level is the assigned value given.
$20 level appears in the chart based on a higher $ level received for product.
Reasons we COULD flirt with $20 are, more money for product.
SP exuberance, sometimes SP runs higher than true value
If we get around $6B in revenue and dividend plan is 50% then $3B in dividends is $1 a share. (Round figures guys)
$20 share yielding 5% is $1 which is not a bad return. Yield hunters would pay a premium for a decent yield.
Anyone, everyone please learn to comprehend what you are reading...
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |