IMHO there are two clear alternatives - either conserve cash (so they can apply it to Southdown once they have accumulated sufficient) or pay cash to holders.
At the minute, they have decided on neither.
I was just wondering whether they had articulated their thinking on the dividend policy.
Time for a buy-back?, page-13
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Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.0¢ | $139.3K | 569.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24564 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 261098 | 6 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
