I have just read the analysis bY RM, but I am still a little confused by the dividend.
If no sales have taken place in the back half of the year, the company must feel pretty confident in getting new sales to offer a larger dividend. Otherwise, you would have thought that there was reliance on this money for operating expeditures.
My take on this, is that there is another news story about to unfold - like a big sale announcement.
I still wonder if we the shareholders know the full story...
the analysis
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.0¢ | $140.0K | 528.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49361 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 100000 | 1 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
