I feel for ya mate as divvy hunting is my new number 1 priority atm...I had a quick look at CEN out of curiosity and it doesn't pay a divvy, maybe you were hoping for one in the future. The Ann's on the 13th seemed to be accepted by the market with price moving up in its usual weird style and then on the 29th the after a non-sensitive Ann relating to an employee incentive scheme of all things price gets smashed...hmmmm and no pls explain from the ASX or do they only want to know if price and volume spike massively higher ??
Somethings off here to my mind (leaky ship ?) time will tell.. But, it has been trading overvalued forever, currently valued in my system for over 12 months at $3.48 but how safe is that number going forward remains to be seen. The FA data in my chart below seems ok, no movement in sales, a tiny drop in EPS but that was accompanied by a drop in PE. It could be the simple fact it has been trading so overvalued and so illiquid for so long that the people who ultimately did the dump took forever trapping retail holders.. We can ask a few posters here for broker data next week and see who dumped ...@scatterbrain
If you need any help in scanning for safe, divvy paying liquid stocks hit me up as per my details below, see if I can help
All the best mate, chin up and happy Friday
FA chart
View attachment 1268789
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