I like the integrity and competence of the management. The problem with this company seems to be that if they are frugal with dividends and funnel excess cash into growth, it doesn't help the valuation since equity is less than half the market capitalisation. So, the share is being priced on dividend yield rather than earnings. If it were based on equity it probably will need to fall to half the current level. In other words, if reinvested earnings only raise equity it doesn;t benefit the shareholders proportionately.
I like the integrity and competence of the management. The...
Add FSA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
93.0¢ |
Change
-0.025(2.62%) |
Mkt cap ! $112.8M | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 98.0¢ | 92.0¢ | $20.32K | 21.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 941 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 28948 | 1 |
View Market Depth
| Last trade - 15.36pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
94.0¢ |
Change
-0.025 ( 1.05 %) |
||||
| Open | High | Low | Volume | ||
| 94.5¢ | 94.5¢ | 94.0¢ | 1571 | ||
| Last updated 11.43am 03/05/2024 ? | |||||
| FSA (ASX) Chart |