The price of GAB has been trending down since I last bought it. The past few weeks I had been queuing almost everyday and finally picked up 600 units at 13.2. This brings my average buying price to 13.5.
The recent financial result showed an improvement in profits, up 40% from the preceding quarter although on flat revenue. Net profit for the year (ending 30 June) however dropped 9%. Looks like things are improving, although we are not put of the woods yet.
I'm planning to pick up more should there be more weaknesses in price, particularly after ex-date (yet to be announced), Would want to keep this long term for a divvy play.
Commission charged was 43.64
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