I have recently read about DVP being more than 2 years old, but yet there is no dividend.
This perplexes me a little. Where does this expectation come from?
My expectations are that management would have the capacity to utilise any spare capital and create greater wealth for me, than I could.
They have also inherited some capital losses to utilise before input tax credits can be utilised for a franked dividend. So my guess would be that it is a while off even if we do start producing in the next 12-18 months.
Correct me if I'm wrong, what is others thoughts???
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Last
$4.40 |
Change
-0.150(3.30%) |
Mkt cap ! $1.453B | |||
| Open | High | Low | Value | Volume |
| $4.54 | $4.62 | $4.39 | $3.797M | 845.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 4897 | $4.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.40 | 2337 | 3 |
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| Last trade - 15.58pm 18/07/2025 (20 minute delay) ? |
| DVP (ASX) Chart |