No chance of paying a franked dividend until they pay tax - they won't become liable for tax on profits until 2HFY24 at the earliest and although they would have the option to pay that tax before paying a dividend in Sep24 they could delay paying that tax until early 2025 when lodging their tax return for the FY24 year if they so choose.
I personally have given up on them developing any more of the resource - no mention of it in the last two years, so I think they've abandoned any idea of doing it.
Ship tracking thread - only. Reading is optional, page-426
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $432.5M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 36.0¢ | 35.5¢ | $162.6K | 457.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 309498 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 142384 | 3 |
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| MGX (ASX) Chart |