OK, let's say they pay back $50mill as a dividend. $50 mill / 497mill shares on issue =$0.10c per share or approx 3.9% yield @2.55. That leaves around $150-$200mill left. That can finance a hell of a lot of exploration and development, or they could buy almost any mid-tier producer/developer for cash.
Lot's of options... I would probably buy DCN just down the road, current MC is $339mill, a bargain really.
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $308.6M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 28.0¢ | $2.028M | 7.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1069835 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 271064 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SBM (ASX) Chart |