I would hope not long after 2022.
$50m (profit) and above should be enough to give shareholders a modest return on their capital invested and still be able grow the business. Dividends will be just as important for share price appreciation if and when that time comes. I doubt I would retain my full position if there was nil return and ample funds were available.
Under the Radar, page-20
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Last
$11.80 |
Change
-0.400(3.28%) |
Mkt cap ! $257.6M | |||
| Open | High | Low | Value | Volume |
| $12.19 | $12.19 | $11.65 | $51.07K | 4.331K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 204 | $11.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.15 | 605 | 2 |
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| Last trade - 12.32pm 01/10/2024 (20 minute delay) ? |
| AVR (ASX) Chart |