Not just a special dividend. They predict they will be in a position to implement a regular dividend policy. This is proving to be not just a fast growing business but a value stock as well!
"Following completion, the Praemium Board intends to return surplus net proceeds to its shareholders.Given the projected capital and franking credit position post the sale and underlying profitability of the Australian business it is expected that a dividend policy will be introduced for FY2023 onwards."
Ann: Sale of Praemiums International business to Morningstar, page-12
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Last
50.5¢ |
Change
0.090(21.7%) |
Mkt cap ! $238.5M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 51.0¢ | 45.0¢ | $1.802M | 3.712M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 67980 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 287686 | 11 |
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| PPS (ASX) Chart |