Let’s see how Who Dat East goes, then Who Dat South. Success there might shine a better light on the acquisition for those who think they paid a full price.
I can’t think of anything more preposterous than expecting a dividend 4 months after the last cash raise though
If there is any thought of a div from the KAR Growth Story, I would suggest it comes as a replacement for the Bauna Contingent Payments. So this year, they’ll pay the full US78m, but next year it’s US$36m, so they have an extra US$42m up their sleeve they could use for a payout, then CY2026 is the final US$15m, so the div could be US$63m then US$78m thereafter… all just as a starting point and dependent on each year’s particular financial results of course. Just a suggestion if their hand is forced by the new activist interest, but personally, I give a monkey’s about a div, it goes straight out the SP on ex-div day anyway.
I’ve always enjoyed the risk factor with KAR. Retiree investors after divs can always buy a bank stock and hope they get to their zimmerframe in time before the next financial crash.
- Forums
- ASX - By Stock
- Capital Allocation & Who Dat Returns
Let’s see how Who Dat East goes, then Who Dat South. Success...
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.90 |
Change
0.000(0.00%) |
Mkt cap ! $1.518B |
Open | High | Low | Value | Volume |
$1.90 | $1.91 | $1.86 | $9.030M | 4.770M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 47821 | $1.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.90 | 65000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16338 | 1.895 |
2 | 10773 | 1.890 |
5 | 157048 | 1.885 |
8 | 87046 | 1.880 |
2 | 49806 | 1.875 |
Price($) | Vol. | No. |
---|---|---|
1.900 | 40000 | 1 |
1.905 | 16805 | 3 |
1.910 | 79078 | 5 |
1.915 | 126091 | 3 |
1.920 | 106565 | 8 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.91 |
  |
Change
0.000 ( 0.22 %) |
|||
Open | High | Low | Volume | ||
$1.90 | $1.91 | $1.86 | 868629 | ||
Last updated 15.59pm 21/05/2024 ? |
Featured News
KAR (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online