LOL
It really is an interesting one. The dividend return is attractive, the P/E is one of the lowest around, and the projection from here will be super strong. IMO this should be flying, but I think there are still quite a few skeptics, and I can understand it given the past.
We will definitely have a big loss in the financial statements for FY18, but it will be non-cash, so expect a similar dividend and some very strong future projections. With the "other stuff" behind them - look out IMO.
If it holds were through next week, I'll also be looking to top up some more. Holding for the dividend alone should be worthwhile on this one - because you should see both capital growth and dividend return coincide.
trading, page-4
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Last
46.0¢ |
Change
0.005(1.10%) |
Mkt cap ! $761.4M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.5¢ | 45.0¢ | $170.0K | 373.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 30000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 8468 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PGC (ASX) Chart |