While there are tax losses there are also franking credits worth nearly $1 million which are worth nothing to the company, but are valuable to shareholders.
I would say a mix of franked dividends and buy backs are sensible.
Ann: 2022 AGM - Chairman's address, page-9
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Last
41.0¢ |
Change
-0.010(2.38%) |
Mkt cap ! $87.51M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 41.0¢ | $62.95K | 153.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 121383 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 10000 | 1 |
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| Last trade - 13.46pm 25/06/2024 (20 minute delay) ? |
| MSV (ASX) Chart |