It seems, IMO, that, SBM intends to maintain a div payment.
By hedging future sales, it guarantees CASHFLOW, to pay dividends.
Not that really matters, when debt free, and CASH in the bank.
Will it increase? A special div, with all that CASH in the bank?
I'm holding for the future.
DIVIDEND stream
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Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.5¢ | 33.5¢ | $274.5K | 806.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 399140 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 124597 | 6 |
View Market Depth
| Last trade - 10.38am 29/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
