I find it bemusing that ALK has reported a net profit in the last 7 years, reported a net profit for the half of about 4c/share, has accumulated cash (& "equivalents") of about 14c/ share, yet pays no dividend!
Even a 2c/share dividend will barely dent their accumulated $86mm cash.
I don't understand the reluctance to return some earnings back to their shareholders.
mutineer
Ann: Alkane Delivers Profit After Tax of A$24.7 Million, page-2
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Last
60.5¢ |
Change
0.005(0.83%) |
Mkt cap ! $365.0M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 61.5¢ | 60.0¢ | $116.7K | 192.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 24257 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 7678 | 2 |
View Market Depth
| Last trade - 10.44am 13/05/2024 (20 minute delay) ? |
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Last
61.5¢ |
Change
0.005 ( 2.52 %) |
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| Open | High | Low | Volume | ||
| 61.5¢ | 61.5¢ | 61.0¢ | 27688 | ||
| Last updated 11.02am 13/05/2024 ? | |||||
| ALK (ASX) Chart |