Most of us will break even when it goes ex div , drop .06 and receive.06
This morning's selling activity appears to be driven by a major shareholder anticipating the stock price to surpass the projected 0.06c decline and offering a chance to buy in at a significantly reduced rate giving them a greater return than the div
However, it is important to note the possibility that this anticipated drop has already been taken into account in the current stock price and the potential upside of this stock might not experience any decline after all !!
The ASX is broken, page-47
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 (20min delay)
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Last
$1.98 |
Change
-0.045(2.23%) |
Mkt cap ! $317.9M | |||
| Open | High | Low | Value | Volume |
| $1.95 | $2.01 | $1.95 | $854.6K | 431.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8121 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.01 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| HLO (ASX) Chart |