I just want to say, I could foresee a few months ago that somewhere between $3.65 to $3.70 was a very major resistance level.
This has proven to hold in the lead up to today's ex date. I'm pretty happy with the ex-date drop. It's not particularly that bad. It is to be expected that stocks paying quarterly divs won't see as bad an ex date drop as others.
Just my opinion, but based on this morning, I'm really hoping $3.50 is the support level for this next quarter. This might mean that closer to the next div ex date, we might hit the $3.80 mark mentioned by the OP, especially with the seasonally stronger 2nd half.
Technical Analysis, page-2
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Last
$1.31 |
Change
0.000(0.00%) |
Mkt cap ! $1.060B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.32 | $1.29 | $1.017M | 778.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16144 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 2745 | 1 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| GEM (ASX) Chart |