I don’t see how your logic holds.
The total value is the same, the pie is simply split a little differently between share price and dividends, ie the share price portion for WHC will be higher now post dividend as more cash on balance sheet remains.
Ann: Appendix 4D and Half Year Financial Report, page-237
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Last
$8.94 |
Change
0.020(0.22%) |
Mkt cap ! $7.479B | |||
| Open | High | Low | Value | Volume |
| $8.95 | $8.98 | $8.77 | $42.43M | 4.764M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 610 | $8.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.95 | 20555 | 6 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |