ALK 0.99% 50.0¢ alkane resources limited

Ann: Alkane Delivers Profit After Tax of A$24.7 Million, page-2

  1. 199 Posts.
    lightbulb Created with Sketch. 63
    I find it bemusing that ALK has reported a net profit in the last 7 years, reported a net profit for the half of about 4c/share, has accumulated cash (& "equivalents") of about 14c/ share, yet pays no dividend!
    Even a 2c/share dividend will barely dent their accumulated $86mm cash.
    I don't understand the reluctance to return some earnings back to their shareholders.

    mutineer



 
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