I’ll be honest and say I wouldn't care if there were no dividends.
In a uranium bull market like we are heading into, growth opportunities will be probably more beneficial to future shareholder wealth.
I'd personally rather see them allocate profits to growth opportunities which is what commodity plays should potentially deliver to shareholders.
Commodity stocks have never traditionally been about dividends.
I don't think PDN even paid dividends under JB’s control, he was happy to just grow and the share price responded accordingly during the bull market.
Dividends, page-66
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Last
$13.70 |
Change
0.150(1.11%) |
Mkt cap ! $4.089B | |||
| Open | High | Low | Value | Volume |
| $13.86 | $13.90 | $13.63 | $23.05M | 1.682M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1631 | $13.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.71 | 1905 | 2 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |