Who says markets are efficient?
GMA was trading at ~$3.80 just prior to COVID-19. In the two years since then, Genworth has generated $640m in operating cash flow, but only paid out $150m in dividends. That is, it has generated net cash of $1.20 per share.
Despite the perfect storm of record low unemployment and record house price appreciation in the period, which drastically diminishes the risk of claims from the back book, we find that the share price hasn't risen above $5.00, in fact it sits 20% below pre-COVID levels.
- Forums
- ASX - By Stock
- Share Price Catalysts
Who says markets are efficient?GMA was trading at ~$3.80 just...
-
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HLI (ASX) to my watchlist
|
|||||
Last
$3.78 |
Change
-0.045(1.18%) |
Mkt cap ! $1.097B |
Open | High | Low | Value | Volume |
$3.83 | $3.87 | $3.77 | $1.275M | 336.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
56 | 12859 | $3.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.78 | 11629 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
53 | 14077 | 3.770 |
22 | 17044 | 3.760 |
23 | 43043 | 3.750 |
11 | 20531 | 3.740 |
7 | 123244 | 3.730 |
Price($) | Vol. | No. |
---|---|---|
3.780 | 7003 | 16 |
3.790 | 14014 | 23 |
3.800 | 21026 | 14 |
3.810 | 27725 | 10 |
3.820 | 8301 | 9 |
Last trade - 14.18pm 03/07/2024 (20 minute delay) ? |
Featured News
HLI (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online