I think the ability to pay a larger dividend (or even an interim dividend) should be balanced against MGX's franking account balance.
With the company in a carry forward tax loss position, it will unlikely be paying any tax (i.e. generating any franking credits) in FY19.
As a shareholder, I would not be getting to excited about an Australian company paying out an unfranked dividend.
I think the ability to pay a larger dividend (or even an interim...
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $25.55K | 84.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 251905 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 91057 | 8 |
View Market Depth
| Last trade - 11.16am 22/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
