The loan will be fully paid off in July next year from memory. The company will then become a serious cash cow (assuming management don't decide to buy another asset anyway). I think we need some clarity around future dividend levels for the stock to rerate significantly. The problem is I don't think management even have a firm view on this (in terms of say a set payout ratio). If they do they clearly haven't let the analysts know. Baillieu Holst have a dividend forecast for FY18 of $0.04 whilst Canaccord Genuity have got $0.02. If it turns out to be the former it'll be on a yield of over 10% and will surely rerate. If it's the latter, I wouldn't be nearly as excited....
- Forums
- ASX - By Stock
- DNA
- Time to buy DNA!
Time to buy DNA!, page-151
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DNA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.3¢ |
Change
0.003(10.0%) |
Mkt cap ! $38.91M |
Open | High | Low | Value | Volume |
3.0¢ | 3.3¢ | 3.0¢ | $17.49K | 544.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36862 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 122372 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36862 | 0.030 |
2 | 64517 | 0.029 |
1 | 125000 | 0.028 |
1 | 100000 | 0.027 |
1 | 30000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 122372 | 1 |
0.034 | 182414 | 1 |
0.035 | 173809 | 2 |
0.036 | 237449 | 2 |
0.039 | 226668 | 1 |
Last trade - 15.19pm 21/08/2024 (20 minute delay) ? |
Featured News
DNA (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online