That’s not right.
Free cash flow has been generated for the December half, and per the CM policy, a dividend will be calculated from this in the 20% to 30% range of this FCF.
It will be a lot smaller than previous dividends but it can’t just be ‘waived’. It’s a calculation. The reason in having a policy is to try to reduce subjectiveness, something a lot of people in this forum don’t seem to understand.
Good News & Bad News, page-37160
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Last
$3.06 |
Change
0.060(2.00%) |
Mkt cap ! $9.270B | |||
| Open | High | Low | Value | Volume |
| $3.06 | $3.11 | $3.05 | $28.75M | 9.347M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 108278 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 293478 | 32 |
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| Last trade - 12.10pm 17/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |