I would be very surprised to see a dividend between here and Christmas, TER have $64m (depending how much was paid in Jul-23 for Jun-23) of income tax to pay by 1 December. Cash will be tight, depending on Q2 result. A dividend is not out of the question, but i would be surprised.
To be honest, i am even 50/50 on a dividend from half year result, I think we will see a smallish one 1-3 cents. But if the Q2 result is as crap as Q1, it might be nothing again. Unless they sell RSA for good money, but if they have received an offer, I would think they would be required to announce that to the market.
Ann: Quarterly Report - July to September 2023, page-42
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $180.2M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 21.0¢ | $665.0K | 2.966M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1399 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 55646 | 3 |
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| TER (ASX) Chart |