OK, let's say they pay back $50mill as a dividend. $50 mill / 497mill shares on issue =$0.10c per share or approx 3.9% yield @2.55. That leaves around $150-$200mill left. That can finance a hell of a lot of exploration and development, or they could buy almost any mid-tier producer/developer for cash.
Lot's of options... I would probably buy DCN just down the road, current MC is $339mill, a bargain really.
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Last
32.3¢ |
Change
-0.003(0.77%) |
Mkt cap ! $349.2M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 34.0¢ | 30.5¢ | $3.564M | 11.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 2027219 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 238397 | 17 |
View Market Depth
| Last trade - 15.35pm 18/06/2025 (20 minute delay) ? |
| SBM (ASX) Chart |