ASH 1.89% 27.0¢ ashley services group limited

What's driving SP direction?

  1. 5,947 Posts.
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    ASH announced stable Div's - now by my Calc's with SP @

    https://hotcopper.com.au/data/attachments/5473/5473403-226557ff20f6e4cf12ef617fe72b55c6.jpg


    Should the div's hold up:

    12 Mths = 11.418% incl. Frkng - hold for approx. 13 Mths for a further div - if the Div's remain constant = 17.13% in 13 Mths.

    So, why the sell-down?

    Is ASH on the cusp of delivering a less favourable picture in these times & the times ahead?

    OR are the BOTs in control - one share took .0074% off the MC, ie. approx $ 1 Mil!
    - are they playing SHLDRs & soon to buy in?
    - is Govt. plans affecting expectations?

    Have others some thoughts they could add to reasons for the slide?

 
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