Low Div was flagged in December with the lower guidance. Paying 1.5c per share again would have been a higher payout ratio than NPAT.
Full year guidance is obviously ropey this far out, but if company can claw back due to timing of delivery of retail product, then no issues here.
I've topped up at 26.5, with target price of 38 by August. Announcements are far and few and liquidity is low, so this is a backdraw/ check every 3 months position for me
Ann: Investor Presentation, page-4
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $18.12M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 18.0¢ | $28.41K | 157.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9140 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 21691 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AMO (ASX) Chart |