As an investor - what more important , ROE or your total risk adjusted return. I have always focused on risk adjusted return so for example if I look at my return profile possibilities over the next 3 months I can extract a 15- 20 % return relatively easily and my risk of losing money is very small. At 18.5 c I can achieve about 5.5% from the divi leaving me the need to only see a SP increase of 1.5% to make 15% . That SP increase will be simply the company moving to current cash and receivables to the likely new level of cash and receivables . The Quarterly cash accumulation which should be solid should inturn create at least a small sentiment boost that should see another 1 c lift st least ( good reports have historically seen a 2-5c move )
Now the down side is the stock has to fall below 17.5c before I lose due to the dividend and if it does it simply means it will be trading sub cash and receivables. As valueseeker has been arguing for years , once GRR passes its capital intensive phase ( which it has ) cash flow accumulation will pick up . The 2018 year is the start of this period so increases in NTA alone should do the trick and with a dividend that should be 2c per annum going forward a 15% grossed up return is already penciled in
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Last
33.5¢ |
Change
0.010(3.08%) |
Mkt cap ! $387.7M |
Open | High | Low | Value | Volume |
32.5¢ | 33.5¢ | 32.5¢ | $367.9K | 1.105M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 358663 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 77688 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 358663 | 0.330 |
6 | 448804 | 0.325 |
14 | 110530 | 0.320 |
12 | 161877 | 0.315 |
17 | 441469 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.335 | 77688 | 3 |
0.340 | 107445 | 6 |
0.345 | 231304 | 4 |
0.350 | 49084 | 4 |
0.355 | 4000 | 1 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
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