Tabcorp has been a thorn in my portfolio for many a year now and I am wondering if people have any arguments for holding or selling out for the capital loss this year.
I bought this back in the days of $15 share price and was disappointed with the governments decision regarding the gaming licences that dropped the share price by 50%.
The only thing I can see going for TAH is that the dividend is still around 8% p.a. but even that has started to be pegged back from the historic dividend values.
Does anyone know how likely TAH are to get their $670m payout from the Government or is this one going to court?
I am unsure how competitive TAH can be in finding new revenue streams given that they operate in such regulated environments.
So...should I stay or should I go?
should i stay or should i go?
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Last
69.0¢ |
Change
0.005(0.73%) |
Mkt cap ! $1.575B | |||
| Open | High | Low | Value | Volume |
| 68.5¢ | 69.0¢ | 68.0¢ | $21.18M | 24.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 69030 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 536835 | 12 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| TAH (ASX) Chart |