You seem to be implying that the market has underpriced Ash, especially on the positive macro narrative that you paint. Ash as a low PE, high yield stock, is much in line with it's recent historical ratios for both these measures. Arguably it has a more difficult grow path than the previous five years. I don't see the catalyst for a re-rate on the share price. I'm happily holding for the dividend but no intentions to top up.
You seem to be implying that the market has underpriced Ash,...
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Last
27.0¢ |
Change
0.005(1.89%) |
Mkt cap ! $38.87M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.5¢ | $4.437K | 16.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59999 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.39pm 26/04/2024 (20 minute delay) ? |
| ASH (ASX) Chart |