While I respect and agree that RMS expansion is a great step forward and that using script is a good cash flow positive way of getting the job done, it would be nice for existing shareholders to get a dividend of 4c per share.
They already halved the dividend in Covid to 1c.
RMS refer to providing superior returns for its stakeholders. Two points:
1. Shareholders are stakeholders
2. <1% return in dividends is not superior returns.
This company has been solid as a rock, but they need to do better. We know the board get remunerated fairly, shareholder should too.
Ann: FY23 Guidance achieved with $42.6M quarterly free cash flow, page-17
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |