APA 2.44% $6.80 apa group

Share price negativity

  1. 10,782 Posts.
    lightbulb Created with Sketch. 1423
    I try to buy shares for capital gain rather than dividends.

    However I keep a watching brief on APA as it has a good dividend yield, perhaps a rarity in today's market.

    The share price has recently somewhat declined.

    Is this due to energy and related stocks being somewhat out of favour, the oil price, US$/A$ relativities, the recent contract annoucement requiring almost A$500 million in capital expenditure, debt levels or something else?

    Through a third party who's interstate, I had it suggested that APA was good value at A$10.90. It's now well below that. Thoughts?

    Last edited by Hopeful9: 04/12/20
 
watchlist Created with Sketch. Add APA (ASX) to my watchlist
(20min delay)
Last
$6.80
Change
-0.170(2.44%)
Mkt cap ! $8.805B
Open High Low Value Volume
$6.93 $6.93 $6.78 $48.65M 7.134M

Buyers (Bids)

No. Vol. Price($)
48 110960 $6.80
 

Sellers (Offers)

Price($) Vol. No.
$6.81 5000 1
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
APA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.