RMC 2.73% 94.0¢ resimac group ltd

Ann: Notification of buy-back - RMC, page-40

  1. 265 Posts.
    lightbulb Created with Sketch. 19
    I don't really understand it either... Even on the small dividend payout ratio it looks to be an attractive yield buy now... I was thinking the same at $2, have been buying all the way down.
    A 10c final dividend would do me nicely, have to wait and see if management care to act on the recent SP decline. Given the lack of buying on the buyback, I won't be holding my breath.
    I'm unsure on what it means to others to have Sommers hold such a large proportion of the stock, but it does seem have a negative drag... Unless there's something hidden I can't find?

 
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