A token divvy of 5c wouldn't hurt in my opinion, as it equates to roughly $35mln outflow which still leaves them with $34 mln plus the extra cash generated over past few months.
This assuming they've not got any further investments planned at this stage in the near term.
I personally would prefer no divvy though...
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A2M
the a2 milk company limited
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$8.03

Why holding so much cash?, page-5
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Last
$8.03 |
Change
-0.060(0.74%) |
Mkt cap ! $5.835B |
Open | High | Low | Value | Volume |
$8.00 | $8.12 | $7.93 | $15.91M | 1.977M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 18969 | $8.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.04 | 8370 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 18969 | 8.030 |
6 | 26192 | 8.020 |
2 | 49476 | 8.010 |
7 | 10098 | 8.000 |
2 | 9382 | 7.990 |
Price($) | Vol. | No. |
---|---|---|
8.040 | 8370 | 1 |
8.050 | 2407 | 1 |
8.060 | 19126 | 4 |
8.070 | 16341 | 2 |
8.080 | 46523 | 5 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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A2M (ASX) Chart |