Ann: FY24 Results Announcement, page-46

my understanding is that a lot of shareholders were on the IRI register for growth. Now it's more of a dividend play. So those guys are giving their place to other investors who are more into div plays. given the 2c FF div it pays, I reckon it will stabilise somewhere in the 60-70c range until we get a better understanding of its future growth prospects, because that will tell if the divies are going to increase from here on. It has plenty of cash and general valuations are hammered. So hopefully it'll make an EPS accretive acquisition with all that cash and that might help boost the sp in the mid-term. Because there's not much room left for this company to organically grow, by the looks of it.