The lower the SP the higher the div yield isn't very good justification
The dividend is meaningless. So it goes from a 0.8% yield to 1.5% yield tops ? Still not worth it
No one is holding this for the yield, it is massive capital gains all yet to be realised
You are right the SP has no impact on their business, but their business and threats against it certainly has an effect on the SP, hence the retrace
To kick higher than the all time high of $61.99 they are going to need to dismiss all claims of patent infringement and report further NPAT increases in the region of 30-50%
If the patent claim escalates or profit does not increase to meet markers overzealous expectations it will come off big time
Holding these stocks is like musical chairs if you ask me. Don't be left without a seat when it comes time to lock in years and years of unrealised gains
The lower the SP the higher the div yield isn't very good...
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Last
$35.27 |
Change
0.750(2.17%) |
Mkt cap ! $3.261B | |||
| Open | High | Low | Value | Volume |
| $34.25 | $35.27 | $34.22 | $16.17M | 461.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $35.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.27 | 8061 | 4 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| DMP (ASX) Chart |