MGX 0.00% 43.0¢ mount gibson iron limited

Ann: Profit Result for FY2021 and Declaration of Final Dividend, page-69

  1. 12,100 Posts.
    lightbulb Created with Sketch. 1758
    Why would MGX buy back shares when the issue more each year so that they only have to pay out half the dividend in cash. The balance of every dividend is done by issuing millions more shares.
 
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