I believe it's more important at present to pay down debt, so I'm prepared to wait a bit longer. If you think about, paying down debt is a little bit like a dividend anyway!
Lower debt -> increased net asset value. Increased NAV -> more support for share price.
Also: Lower debt servicing costs -> increased earnings per share -> more support for share price.
Also: Lower leveraging -> lower POO/exchange rate risk -> more support for share price.
So you get a bump in your capital value indirectly anyway.
And then once the fundamentals are better, we can return to sustainable dividend payments.
I believe it's more important at present to pay down debt, so...
-
- There are more pages in this discussion • 42 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 STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.02 |
Change
0.180(2.63%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.03 | $6.91 | $81.59M | 11.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 125302 | $7.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 766 | 1 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |