APZ 1.10% $1.83 aspen group

Whats up? Should I buy?

  1. 324 Posts.
    Hello, This stock has come to my attention as it looks oversold, is trading below NTA and is paying a 15% dividend. Would I be smart to buy into this or are there issues im not aware of? They've already taken a bath on the Asset values and its been reflected in the SP - but if these dividends continue i think its a good buy. Are they going to keep earning cash? The WA Karattha thing looks scary but even if the valuation there went to zero - the company is trading at NTA. With low interest rates and the markets generally heating up i think its smart to buy right? Other opinions invited.
 
watchlist Created with Sketch. Add APZ (ASX) to my watchlist
(20min delay)
Last
$1.83
Change
0.020(1.10%)
Mkt cap ! $364.5M
Open High Low Value Volume
$1.82 $1.84 $1.82 $45.03K 24.67K

Buyers (Bids)

No. Vol. Price($)
1 193 $1.83
 

Sellers (Offers)

Price($) Vol. No.
$1.84 2561 1
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
APZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.