Dividend yield at the current price of $2.75 based on company forecast of 17 cps fully imputed = (17.0 / 0.72) / 275 = 8.59% + growth in the years to come.
PE ratio just 9.65 and eps and dps growth in the years ahead and yet the institutions are ignoring this stock ? Go figure ? Any theories why on market turnover is usually very low and its so illiquid ?
https://www.marketscreener.com/TURNE...14/financials/
Is it time for the company to consider an on market buy-back of its own shares seeing as the directors all seem to think that they're such good value at the recent annual meeting ? Words are cheap, back it up with action !