What do you guys think about the dividend payout?
By the time they make the payment, i'm assuming they've got c.$90m...I expect, in any dividend analysis, they would want to retain at least $50m in cash post dividend.....so, assuming they are prepared to pay out $40m that would equate to a 6cps payout (possibly structured as a 4cps dividend and 2cps special dividend)....should pop the shareprice toward 50c with some "sustainable" language around 5-6cps going forward....yes, its an agricultural analysis....any thoughts anyone??
Dividend anyone?
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23.0¢ |
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Mkt cap ! $144.3M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.5¢ | $117.9K | 513.2K |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| CCV (ASX) Chart |