If I were the helm of this company and wished to be generous to its shareholders, I would maintain the divi at 10 cents.
Now, I have a bright idea, which would be mutual beneficially for NZOG and its shareholders.
Currently NZOG is holding shares of PRC 98.2M and PRCOA 16.5M. I would suggest NZOG to distribute part of its PRC shares to its shareholders instead of paying a dividend.
Eg.
If one to every 12 NZO shares = PRC 32.3M shares (remain 19% plus PRCOA)
If one to every 15 NZO shares = PRC 25.87M shares (remain 20.85% plus PRCOA)
It is my personal idea (suggestion), if you don’t agree with, please don’t jump out with a hammer.
dividend bets, page-16
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Last
38.0¢ |
Change
0.020(5.56%) |
Mkt cap ! $85.10M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 37.0¢ | $4.86K | 13.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17109 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 5806 | 1 |
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| Last trade - 14.41pm 10/09/2024 (20 minute delay) ? |
| ECH (ASX) Chart |