The dividend should be more generous for FY23 than it was in FY22, because: staff shortage exists; price increases seem to be acceptable to the mining sector because of demand for product from preferred countries to lessen sourcing supply from Russia and China; and hence NWH should have a lower need for boosting its potential source of funds (debt headroom and cash). A war chest for o[portunistic investing is desireable, but I do not think Jules has an apetite for anything too adventurous, and small bolt-ons, or new organic initiative, should have modest requirements for funding.
I'll take a punt at 7c dividend for H1.
2022 General News etc, page-394
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Last
$3.14 |
Change
0.020(0.64%) |
Mkt cap ! $1.422B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.15 | $3.09 | $6.031M | 1.924M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11253 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.15 | 43075 | 11 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NWH (ASX) Chart |