I wonder if it works like that in reality? That would be an idealistic scenario.
I guess you could make the opposite argument for EML growing faster and more efficiently by keeping that dividend and reinvesting back into the business. This will then result in more investors buying into the stock.
Ann: Advance Notice - EML FY20 Annual Results Presentation, page-6
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Last
85.5¢ |
Change
-0.060(6.56%) |
Mkt cap ! $320.7M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 90.5¢ | 85.5¢ | $2.901M | 3.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 72293 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 2057 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| EML (ASX) Chart |