I have few of these that cost me over a dollar.
This segment is unloved due to the mining collapse.
So if you are looking for capital growth it may be some time before you get it.
But the yield is good however it could be lower in the future due to excess capacity in the mining services sector.
I continue to hold mine as it makes me watch the company.
Liquidity is low so hard to get out when sp falls.
Overall seems to well managed and strong financial position.
Inclined to think it is good to have them, canary in a cage perhaps?
All of this is just my opinion and I am no analyst!
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Last
$2.00 |
Change
-0.015(0.75%) |
Mkt cap ! $332.9M | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.02 | $1.99 | $331.0K | 165.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3204 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 65 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| GNG (ASX) Chart |