"The company board would like to reward our shareholders as much as possible.The company has a dividend policy in place since 2010, "not more than 25% free cash flow generated from the operations"."
The above statement from the BOD means reward as much as possible but not exceding 25% of FCF.The above statement from the BOD does not leave any discretion to pay any less than 25% of FCF.
Ann: Dividend/Distribution - GRR, page-214
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Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 24.3¢ | $578.8K | 2.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 512034 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 195506 | 4 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |