What is a Strong Defensive stock to Buy in ASX?, page-2

  1. 3,657 Posts.
    lightbulb Created with Sketch. 181
    Agree in general, but....
    Massively high PE ratio over 50
    Dividends are mostly unfranked
    Huge debt over $12 billion which they are not paying off whilst almost all earnings paid out as dividends. In fact some years dividends higher than earnings therefore paid from debt......
    Forecast rising interest rates in the USA likely causing negative sentiment toward infrastructure stocks
    I would love to buy it but at the right price in the single figures. Still too expensive
 
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Last
$13.38
Change
-0.170(1.25%)
Mkt cap ! $41.59B
Open High Low Value Volume
$13.41 $13.48 $13.27 $97.50M 7.294M

Buyers (Bids)

No. Vol. Price($)
1 129 $13.36
 

Sellers (Offers)

Price($) Vol. No.
$13.39 2300 3
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Last trade - 16.11pm 11/07/2025 (20 minute delay) ?
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