Sadly seems only people who post comments on this forum are either short the stock or very negative the outlook hence lack of posts today.
Good to see some investors coming out of the woodwork today picking up a few shares on the cheap in this former market darling. I am interested to see how much more detail the company is willing to give on Osprey Village at the Half Year update. I think if you were going to take on some debt secured against future Govt guaranteed income stream now not a bad time to do it - lock in some debt during a time of very low interest rates - so some kudos to management however I do think the recent dividend payouts were overdone given the very cyclical nature of Mining and all associated services...
I strongly believe that removal from ASX200 recently could be catalyst for stock to rebound after forced selling by index managers etc....
value emerging
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Last
$1.47 |
Change
-0.020(1.35%) |
Mkt cap ! $137.9M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.50 | $1.47 | $30.73K | 20.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 1775 | 1 |
View Market Depth
| Last trade - 15.34pm 09/07/2024 (20 minute delay) ? |
| FWD (ASX) Chart |