a 3c dividend would cost about $11m. The usual share buyback cost about $10m. the company has indicated they have suspended the share buyback. I'm hopeful of a final of between 1 and 2c. the substantial stakeholders might be pushing for more. i hope.
founder and his daughter holds substantial shares, given these uncertainties surrounding retail, unlikely there will be any decent private bid coming by soon.
a 3c dividend would cost about $11m. The usual share buyback...
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