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?
Tabcorp has been a thorn in my portfolio for many a year now and...
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Last
65.5¢ |
Change
-0.010(1.50%) |
Mkt cap ! $1.495B | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.3¢ | 65.5¢ | $344.2K | 523.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 275295 | 65.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.0¢ | 188413 | 48 |
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| Last trade - 11.55am 30/07/2024 (20 minute delay) ? |
| TAH (ASX) Chart |