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...
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.8¢ | 30.8¢ | 30.0¢ | $109.5K | 360.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 147338 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 21541 | 3 |
View Market Depth
| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
