The dividend will get hammered unless they try and fund it via debt which seems to be what they did in the half yearly.
A lot of people (myself included) were in this for the high dividend, turned out to be a trap in this case. I suspect it will drop further over the next few days, below $5. Even at $5 the PE would be around 27 so still looking expensive.
what happened, page-15
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FWD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.42 |
Change
0.100(7.58%) |
Mkt cap ! $133.8M | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.42 | $1.31 | $181.3K | 136.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 518 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FWD (ASX) Chart |