It is OK to not pay dividends for long term,if share price stays at reasonable level like PE10 level
There are lots of shares which prices are at higher levels than PE 20(some shares are around PE200 ) levels in ASX,Dow Jones and Nasdaq,even if those stocks do not pay dividends for long term.
Lots of stocks have lower minus(-) PE than minus PE 10.
Why do Seven Group as a major shareholder and Mr Stokes keep calm about very disappointed long term low share price?
It is OK to not pay dividends for long term,if share price stays...
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $277.0M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.8¢ | 18.0¢ | $197.0K | 1.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 320524 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 73454 | 4 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
18.3¢ |
Change
-0.005 ( 1.35 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 18.8¢ | 18.0¢ | 444477 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| SWM (ASX) Chart |